Privatised Utilities (Regulation)

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 2:22 pm on 12th July 1995.

Alert me about debates like this

Photo of Mr Timothy Eggar Mr Timothy Eggar , Enfield North 2:22 pm, 12th July 1995

I am not sure whether the hon. Gentleman was in the House earlier when we discussed this issue. He should ask his right hon. Friend the Member for Sedgefield (Mr. Blair), who led for the Opposition against electricity privatisation, why he did not raise or identify the whole issue of share options at that time. The hon. Gentleman should ask his right hon. Friend why he failed to pick that up. The overall benefits of privatisation are there for all to see—reduced prices for consumers in real terms. Electricity prices are significantly down. They are sharply down for gas and there will be significant additional price reductions for electricity over the coming months.