§ Mr. DobsonTo ask the Secretary of State for Trade and Industry what was the total sum paid out in fees to outside organisations in the furtherance of privatisation by his Department in 1979–80 and in each following year; and what is his estimate for 1990–91 and budget for 1991–92.
§ Mr. LeighThe total sums paid out by my Department in fees to outside organisations in furtherance of privatisation since 1979 are shown below. As far as possible, the sums paid have been broken down by year, and between fees and commissions.
The costs of current privatisations, including fees paid to advisers, will be reported to Parliament after the sale is completed.
127W
Year Fees Commissions £ million £ million 1981–82 2.6 3.0 1984–85 74.6 94.4 1985–86 110.6 — 1986–87 17.9 — 1987–88 137.0 — 1988–89 24.6 22.9 1989–90 1.7 0.1 1990–91 10.1 — 1 Includes commission, if any.