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Orders of the Day — Electricity Bill

Part of the debate – in the House of Commons at 4:28 pm on 13th December 1988.

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Photo of Malcolm Rifkind Malcolm Rifkind Secretary of State for Scottish Office 4:28 pm, 13th December 1988

If the hon. Gentleman will not allow me to finish my remark, I can hardly be expected to give way to him.

I cannot predict what proportion of the electricity industry will be acquired by shareholders resident in Scotland. I can predict that the industry's privatisation will create Scotland's two largest private sector companies and make an enormous contribution to the growth of private sector enterprise north of the border.