§ Mr. MorganTo ask the Chancellor of the Exchequer what information he has on the impact of the privatisation and flotation of(a) Government-owned companies and (b) the Abbey National building society and the Trustee Savings bank, on the overall level of share ownership in the United Kingdom at the latest available date.
§ Mr. MaudeShare ownership in Great Britain in 1979 is estimated to have been 7 per cent. of the adult population. The latest Treasury-Stock Exchange survey showed that in 1991 share ownership had risen to 25 per cent. of the adult population of Great Britain. Five per cent. of the adult population owned shares in privatisation issues only; 4 per cent. owned Abbey National shares only; and 1 per cent. owned Trustee Savings Bank shares only. Information for the United Kingdom as a whole is not available.