Government Shareholding

(asked on 4th July 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, which companies the Government retains golden shares in for the purpose of limiting overseas ownership; and what the terms are of such shares.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 11th July 2016

In December 2015, the NAO issued the report ‘Companies in government’. As shown in Figure 7 of this report, at 31 March 2014 the government held special shares in 11 companies, across 5 departments. Changes since 31 March 2014 are shown in Figure 9 of the same report.

The exact terms of those special shares will be a matter for the relevant Secretary of State, depending on the specific arrangements that were put in place for each company.

Reticulating Splines