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Companies (Government Holding)

Volume 973: debated on Wednesday 14 November 1979

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asked the Chancellor of the Exchequer if he will list in the Official Report in which companies the Government have a holding; and what is the value of each holding.

I refer my hon. Friend to the reply I gave to the hon. Member for Glasgow, Maryhill (Mr. Craigen) on 11 July.—[Vol. 970, c. 210–14]. The holdings concerned are largely unquoted. I am afraid, therefore, that current valuations are not readily available. My hon.

£ million
Commodity group19781979 quarter 11979 quarter 2
Cereal and cereal products161·841·041·0
Milk and milk products49·01·30·1
Sugar0·2
Beef and veal4·80·61·1
Pig meat7·21·52·3
Eggs0·3
Poultry meat0·60·10·1
Others4·51·21·2
Total228·445·745·8
The net amount of levies charged in the third quarter of 1979 is not yet available.The amount of customs duties and other protective charges collected on imports of food, drink and tobacco was £203 million in 1978 and £57 million, £60·4 million and £52·4 million in the first three quarters of 1979, respectively. These figures exclude live animals chiefly for food and feeding stuff for animals but include animal and vegetable oils, fats and waxes.