HC Deb 08 December 1993 vol 234 c227W
Mr. Hain

To ask the Chancellor of the Exchequer if he will provide details of all fees to consultants and brokers associated with privatisation and share sales of(a) BT since 1982, (b) British Gas since 1986, (c) all regional electric companies since 1998–89, (d) all regional water companies since 1988–89 and (e) the total.

Mr. Dorrell

No. Fees paid to consultants, brokers, and so on as part of the privatisation programme are treated as commercially confidential. Total fees paid to advisers are quantified within the relevant National Audit Office reports published by the Comptroller and Auditor General. For the sales requested, the total fees paid to advisers were:

£ million
BT 1984 6
British Gas 1986 5
Water 1989 125.8
BT 1991 7.4
BT 1993 25.4
1 Ex VAT.
2 To date.

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