§ Mr. Frank FieldTo ask the Chancellor of the Exchequer if he will list the nationalised industries that have been privatised since 1979; and if he will calculate the total revenue the Government has received from the sale of, and in taxation from, each of the privatised companies since their privatisation. [27263]
§ Sir George YoungFor a list of privatisations and the gross equity proceeds from each, I refer the hon. Member to the reply that I gave on 30 November 1994,Official Report, column 758. Details of the tax affairs of each company cannot be made public without the prior approval of that company. However, in total, privatised companies paid about £50 million per week in tax in 1994–95.