§ Mr. CarringtonTo ask the President of the Board of Trade what arrangements have been made to appoint advisers in connection with the privatisation of AEA Technology. [20813]
§ Mr. PageI am currently considering bids from financial and legal advisers in connection with the privatisation of AEA Technology. Appointments will be made shortly.
Parliamentary approval to this new service is being sought in the main supply estimates 1995–96 for the Department of Trade and Industry vote; programmes and administration—class IV, vote 1. Pending that approval, urgent expenditure estimated at £750,000 will be met by repayable advances from the Contingencies Fund.