HC Deb 06 July 1993 vol 228 c105W
Mr. Nigel Evans

To ask the President of the Board of Trade what Government assistance will be available to support management and employee teams bidding for the privatisation of British Coal.

Mr. Eggar

Government support for management and employee teams bidding for the privatisation of British Coal will be at a maximum rate of 50 per cent. of the eligible costs of employing consultants and or advisers. Support for any team will not exceed £200,000.