§ Mr. PikeTo ask the Chancellor of the Exchequer if he will list the proceeds from privatisation indicating source and cash in real terms and constant value terms in each year since 1979. [12854]
§ Mr. JackTable 5.6 to the statistical supplement to the "Financial Statement and Budget Report 1995–96" (HMSO Cm 2821) gives privatisation proceeds by source in cash terms. The table sets out the annual proceeds in cash and real terms at 1995–96 prices.
964Wresulting from the 1990 switch from domestic rates to community charge. The table also shows equivalent figures for 1978–79
Privatisation proceeds (£ billion) Year Cash Constant 1995–96 prices 1979–80 0.4 1.0 1980–81 0.2 0.5 1981–82 0.5 1.0 1982–83 0.5 0.8 1983–84 1.1 2.0 1984–85 2.1 3.4 1985–86 2.7 4.3 1986–87 4.5 6.9 1987–88 5.1 7.5 1988–89 7.1 9.7 1989–90 4.2 5.4 1990–91 5.3 6.4 1991–92 7.9 8.9 1992–93 8.2 8.8 1993–94 5.4 5.7 1994–95 6.4 6.6 61.6 78.9
§ Mr. PikeTo ask the Chancellor of the Exchequer if he will list the golden shares held by Her Majesty's Government in the privatised industries, indicating when these lapse. [12853]
§ Mr. JackThe remaining special or golden shares and their expiry dates, where applicable, are as follows:
965W
Company Expiry date Cable and Wireless — Sealink Stena Line — BT — British Aerospace — VSEL Consortium British Gas — Rolls-Royce — BAA — National Grid Group — National Power — PowerGen — Scottish Power — Scottish Hydro-Electric —
Company Expiry date British Technology Group 31 March 1997 British Technology Group International 31 March 1997 Northern Ireland Electricity — Belfast International Airport —