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Water Companies

Volume 165: debated on Wednesday 17 January 1990

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To ask the Secretary of State for the Environment how many employees of each of the recently privatised water companies became shareholders; and what percentages of the total work forces this represented.

A total of 37,488 employees, representing 85·57 per cent. of the eligible work force of the 10 companies, have successfully applied for shares in the companies under free and matching offers.The figures for each company are as follows:

Employees

Per cent. of workforce

Anglian3,72382·97
North West6,37987·09
Northumbrian1,29889·46
Severn Trent6,48688·53
Southern2,45380·56
South West1,49682·15
Thames6,77883·17
Welsh3,28085·73
Wessex1,49585·38
Yorkshire4,10088·59

In addition, some of the small number of employees not eligible for the free and matching offers will have successfully applied for shares, but exact figures could not be provided without disproportionate cost.