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British Coal Enterprise

Volume 264: debated on Tuesday 24 October 1995

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To ask the President of the Board of Trade (1) if British Coal Enterprise will be sold as a single entity or broken down into its constituent parts; and if he will make a statement; [37658](2) what plans exist for Grosvenor Career Services, the outplacement division of British Coal Enterprise, in the event of an outright sale of British Coal Enterprise; and if he will make a statement. [37659]

Bids will be invited for all of British Coal Enterprise or its main activities—workshops, business funding and outplacement services (Grosvenor).

To ask the President of the Board of Trade what is the timetable for the proposed privatisation of British Coal Enterprise; and if he will make a statement. [37655]

To ask the President of the Board of Trade if he will make a statement on future methods of funding of British Coal Enterprise, Fast Track and Enterprise Fund; and if he will make a statement. [37657]

Direct Government Funding of BCE, through British Coal, will continue until March 1996. Thereafter, funding will be a matter for the new owners of BCE.

To ask the President of the Board of Trade (1) what are the criteria for the sale of British Coal Enterprise; and if he will make a statement; [37656](2) what priority he attaches to ensuring the continuation of effective assistance to the coalfield communities in the event that British Coal Enterprise is privatised; and if he will make a statement. [37660]

The sales process is intended to enable British Coal to take a clear view on the best way forward for BCE, having due regard to its statutory duties and the importance of ensuring continuation of effective assistance to the coalfield communities.