§ Mrs. BeckettTo ask the President of the Board of Trade what has been the total expenditure on management and financial consultants employed by the Department to advise on the sale of Nuclear Electric and Scottish Nuclear; and what estimate he has made of future expenditure. [8013]
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§ Mr. Eggar[holding answer 9 January 1996]: The Department has provision for expenditure of £25 million in 1995–96 on restructuring and privatisation of the nuclear power generation industry. Actual expenditure will be reported to Parliament in the normal way through the appropriation account. Details of estimated expenditure in 1996–97 will be published in due course in the supply estimates.
§ Mrs. BeckettTo ask the President of the Board of Trade which companies are currently employed to advise on the privatisation of Nuclear Electric and Scottish Nuclear; and on what aspects. [8014]
§ Mr. Eggar[holding answer 9 January 1996]: The following advisers are currently employed in connection with the privatisation of Nuclear Electric and Scottish Nuclear.
Adviser Area Addison Design Design company Allen and Overy Legal adviser (England and Wales) Barclays de Zoete Wedd Financial adviser/Global co-ordinator Binder Hamlyn Joint reporting accountant1 Brodies Legal adviser (Scotland) Cluttons Property valuer Davis Polk and Wardwell Legal adviser (US) Dewe Rogerson PR/Marketing adviser1 Jonathan Sumption QC Legal advice London Economics Electricity pool price modelling Lowe Howard-Spink Advertising agency1 Mail Marketing (Bristol) Mailing house Matthew Clarke QC Legal advice Price Waterhouse Joint reporting accountant1 Solid Solutions Associates Retail adviser Stone & Webster and Electrowatt Joint technical consultants The Database Group Database manager Tillinghast Insurance adviser Touche Ross Accountancy adviser Watson Wyatt Actuary Williams Lea Printer 1Appointed jointly with British Energy.