Discretionary Share Option Schemes in the Privatised Utilities

Part of New clause 1 – in the House of Commons at 5:30 pm on 3rd April 1995.

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Photo of Margaret Hodge Margaret Hodge , Barking 5:30 pm, 3rd April 1995

It is interesting that the hon. Gentleman thinks that shareholders should exert greater pressure. The Government are a substantial shareholder in both PowerGen and National Power. Does he therefore agree that the Government have failed in their duty to protect the public's interest by not exerting their shareholder powers in those companies?