§ Mr. GrocottTo ask the Secretary of State for Transport if he will list the privatisations which his Department has promoted since 1979, indicating, in each case, the date of the sale, the proceeds of the sale, and the estimated current value of the company.
§ Mr. NorrisThe information requested is as follows:
Company Date of sale Net equity proceeds to Government £ million National Freight Consortium 1982 5.0 Associated British Ports 1983 45.4 (secondary sale by HMT) 1984 51.0 British Airways 1987 51.0 British Airports Authority 1987 1,181.6 DVOIT (the former IT arm of DVLA) 1993 3.7 Information on the current value of private companies is not held by this Department.