Skip to main content

National Enterprise Board (Holdings)

Volume 958: debated on Thursday 23 November 1978

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Industry on what date the National Enterprise Board took up the extra 2,500 £100 preference shares in Inmos Ltd.

asked the Secretary of State for Industry whether the National Enterprise Board has consulted him about disposing of the private medical interests of its subsidiary company, United Medical Enterprises Ltd.

The NEB sought my right hon. Friend's statutory consent to its acquiring more than 30 per cent. of the voting share capital of United Medical Enterprises Ltd., and obtained it on condition that the private medical interests which the company would acquire as a consequence of its take-over of Allied Investments Ltd. would be disposed of as soon as possible. These interests were subsequently sold.

asked the Secretary of State for Industry whether the National Enterprise Board informed him of, or consulted him about, its investment in Allied Investments.

My right hon. Friend's consent was sought and obtained by the board for an investment in this company by its subsidiary United Medical Enterprises.

Payment now authorizedTotal payments on account
£000£000
British Aircraft Corporation (Holdings) Limited30,35040,000
Scottish Aviation Limited4001,050
Brooke Marine Limited250650
Cammell Laird Shipbuilders Limited150400
Hall Russell Company Ltd.250650
Hawthorn Leslie (Engineers) Ltd.150550
John G. Kincaid Company Limited8002,250
Scott Lithgow Limited600750
Scott Lithgow Drydocks Limited750
Vickers Shipbuilding Group Limited3,2008,450
Vosper Thornycroft (UK) Limited7001,350
Vosper Shiprepairers Limited1,350
Yarrow Shipbuilders Limited8502,250
Yarrow Training Limited2,250
37,70058,350