To ask the President of the Board of Trade if he will make a statement about the appointment of the chief executive of the proposed nuclear holding company. [36542]

In consultation with my right hon. Friend the Secretary of State for Scotland, I have agreed to the appointments of Dr. Robert Hawley as chief executive of the holding company, Mr. Michael Kirwan as finance director and Mr. Robert Armour as company secretary. Over the next eight months, Dr. Hawley and Mr. Kirwan will progressively reduce their involvement with Nuclear Electric. Their involvement in Nuclear Electric is expected to cease completely at the end of March 1996.