§ Mr. Barry FieldTo ask the Chancellor of the Exchequer if he will list his quoted shareholdings together with their value and the percentage of the issued share capital owned by Her Majesty's Government.
§ Mr. NelsonThe table shows the ordinary shares held by the Government, their market valuation and the percentage of the issued share capital that they represent.
Government ordinary shareholdings in private sector companies Company Number of shares (millions) Market valuation2 (£ million) Proportion of issued capital (percent) BAA 14.8 95.0 3.0 British Airways 3.2 9.6 0.4 British Gas 0.1 0.2 2— British Petroleum 101.2 277.3 1.9 British Steel 2— 2— 2— BT 1,352.7 4,856.4 22.0 Mersey Docks and Harbour Company 12.4 29.9 20.7 Anglian Water 4.8 20.9 1.6 Northumbrian Water 0.7 3.0 1.0 North West Water 5.3 23.2 1.5 Severn Trent 6.7 26.7 1.9 Southern Water 2.7 11.1 1.6 South West Water 0.7 3.1 0.6 Thames Water 7.7 33.8 2.0 Welsh Water 2.1 10.1 1.5 Wessex Water 1.5 7.5 1.5 Yorkshire Water 3.1 14.1 1.6 Eastern Electricity 4.3 14.9 1.6 East Midlands Electricity 2.3 8.7 1.1 London Electricity 2.3 9.1 1.1 Manweb 1.9 8.0 1.6 Midlands Electricity 2.9 10.5 1.4 Northern Electric 1.9 7.4 1.5 Norweb 2.6 10.6 1.5 Seeboard 2.4 9.3 1.9 Southern Electric 32 12.0 1.2 South Wales Electricity 1.1 4.6 1.1 South Western Electricity 2.3 8.7 1.9 Yorkshire Electricity 2.5 11.0 1.2 National Power 500.6 1,1565 39.3 PowerGen 317.9 759.9 40.7 Scottish Hydro-Electric 13.3 34.8 3.5 Scottish Power 29.4 74.5 3.6 1 Close, May 27 2 Negligible