§ Mr. HainTo ask the Chancellor of the Exchequer if, for each privatised utility, he will publish information, for the latest year available, in respect of(a) total Government holding, expressed as a percentage of the utilities' share, and (b) the current value of the Government holding.
§ Mr. Dorrell[holding answer 22 October 1993]: The table shows the ordinary shares held by the Government in the privatised utility companies as a percentage of issued share capital and by market valuation.
Government shareholdings in privatised utility companies Company Shareholding as a proportion Per cent Value of shareholding (£ million) British Gas 0.0 0.2 BT 1.1 304.9 Anglian Water 0.9 14.4 Northumbrian Water 0.4 1.8 North West Water 0.8 15.3 Severn Trent 1.0 20.3 Southern Water 0.7 7.4 South West Water 0.1 0.7 Thames Water 0.9 20.0 Welsh Water 0.7 6.6 Wessex Water 0.5 4.1 Yorkshire Water 0.8 8.7 Eastern Electricity 1.7 26.9 East Midlands Electricity 1.1 14.6 London Electricity 1.1 14.9 Manweb 1.8 14.1 Midlands Electricity 1.4 18.5 Northern Electric 1.7 13.1 Norweb 1.6 17.7 Seeboard 2.0 17.0 Southern Electric 1.2 20.4 South Wales Electricity 1.4 9.2 South Western Electricity 1.9 14.2 Yorkshire Electricity 1.3 16.4 National Power 39.3 2,063.9 PowerGen 40.7 1,430.6 Scottish Hydro-Electric 3.4 53.4 Scottish Power 3.6 118.3 Northern Ireland Electricity 3.8 20.0 Note: Values of shareholdings calculated at close, 19 October.