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British Telecom

Volume 82: debated on Monday 1 July 1985

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asked the Secretary of State for Trade and Industry (1) pursuant to the answer of 27 June, Official Report, column 443, how many shares Rudolf Wolff and Co. undertook to buy its role as underwriters to the flotation of British Telecommunications; and what happened to the shares it handled.(2) pursuant to the answer of 27 June,

Official Report, column 443, when the applications by employees of an eligible fund based overseas for 31,900 British Telecommunications shares were discovered; what arrangements were made for the surrender of their profits to charity; which charities were involved and on what dates payments were made to them; if any investigations into possible fraud or deception were carried out; and if he will make a statement.