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Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 12:00 am on 23rd February 1988.

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Photo of Mrs Margaret Thatcher Mrs Margaret Thatcher The Prime Minister, Leader of the Conservative Party 12:00 am, 23rd February 1988

I very much welcome the progress that the National Freight Corporation has made since it was privatised by a management buy-out. It has done very well by its work force, and the work force has done very well by the National Freight Corporation. Profits have increased by about nine times since privatisation, and those who helped with the buy-out have had a very good deal. I wish the company well for the flotation.