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Royal Dockyards (Privatisation)

Volume 268: debated on Monday 11 December 1995

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To ask the Secretary of State for Defence what is the total cost to date of consultancy payments made to firms in relation to work carried out to develop his Department's plans for the privatisation of (a) Devonport royal dockyard and (b) Rosyth royal dockyard. [5363]

During the period between 18 October 1993, when my right hon. and learned Friend the then Secretary of State for Defence announced our policy towards the future management of the royal dockyards, Official Report, 18 October 1993, columns 39–41, and 30 November 1995, expenditure charged to defence votes in respect of consultancy advice given in relation to the proposed privatisation of the dockyards amounted to some £8.4 million, including VAT. Further costs have been incurred, but final details will not be available until invoices have been presented and payments agreed. Costs attributable to one dockyard or the other cannot be separately identified.