§ Mr. BurnsTo ask the Chancellor of the Exchequer when Her Majesty's Treasury intends to dispose of its holdings of shares in National Power and PowerGen.
§ Mr. DorrellThe Treasury intends shortly to appoint a merchant bank to advise on the sale of some or all of its National Power and Powergen shares. Subject to market conditions, this will take place in 1994–95. No decisions have been taken on the precise timing, size or structure of any sale.