§ Mr. SalmondTo ask the Chancellor of the Exchequer what proportion of ownership of each of the privatised utilities and companies the Government retain. [13905]
§ Mr. JackThe Government have sold the vast majority of its residual holdings in the privatised utilities and other companies. Other than the relatively small numbers of shares required to be held to meet future bonus share entitlements of retail investors in previous privatisations, the Government retain disposable shareholdings in only two companies: BT—0.18 per cent. of share capital; and the Mersey Docks and Harbour Company—13.89 per cent. of share capital.