Asset Sales (Fees And Commissions) Dr. McDonald asked the Chancellor of the Exchequer if he will list in the Official Report all the fees and commissions paid to primary underwriters, sub-underwriters, financial advisers, legal advisers and stockbrokers in respect of all the sales of previously publicly-owned enterprises from 3 April 1984 to date; and if he will name each firm concerned. Mr. Moore I refer the hon. Member to the reply I gave to the hon. Member for Sedge field (Mr. Blair) on 24 May 1985, at column 562, which covers all public share sales since 3 April 1984 other than the 1985 sale of shares in British Aerospace. Details for that sale in respect of the headings specified by the hon. Member are given in the table: ----------------------------------------------------------------- |Company |British Aerospace 1985 | ----------------------------------------------------------------- |Primary Underwriters|Kleinwort, Benson Ltd., Lazard Bros. &| ----------------------------------------------------------------- | |Co. Ltd., Hill Samuel & Co. Ltd., | ----------------------------------------------------------------- | |Morgan Grenfell & Co. Ltd., J. Henry | ----------------------------------------------------------------- | |Schroder Wagg & Co. Ltd. | ----------------------------------------------------------------- |Sub-Underwriters |Various* | ----------------------------------------------------------------- |Financial advisers |Lazard Bros. & Co. Ltd. | ----------------------------------------------------------------- |Legal advisers |Slaughter & May | ----------------------------------------------------------------- |Auditors |Peat, Marwick Mitchell | ----------------------------------------------------------------- |Stockbroker |Hoare, Govett Ltd., Cazenove & Co,†; | ----------------------------------------------------------------- |Total fee/Commission| | ----------------------------------------------------------------- |(£000 including VAT)|9,982‡ | -----------------------------------------------------------------