Written question asked by Baroness Beckett (Labour), in the House of Commons. It was due for an answer on Wednesday, 16 October 1996. It was answered by Richard Page (Conservative) on Wednesday, 16 October 1996 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: If he will comment on the difference in the discounted AGR and PWR liabilities between the figures announced in (a) February and (b) British Energy's prospectus. - Includes figures.

Answer: Mrs. Beckett: To ask the President of the Board of Trade if he will make a statement on the difference in the discounted advanced gas-cooled reactor and pressurised water reactor liabilities between the figures announced in (a) February and (b) British Energy's prospectus. [40722] Mr. Page: The difference between the figures for discounted AGR and PWR liabilities discussed in February in, for example, submissions to the Trade and Industry Committee and the figures published in the prospectus is mainly attributable to the change in the discount rate from 2 per cent. to 3 per cent.

Secondary information

Type: Written question
Reference: 40722; 282 c953W;282 c951W
Session: 1995-96
Registered interest declared: Yes
Subjects: British Energy Liability Privatisation Pressurised water reactors Advanced gas-cooled reactors
Contains statistics: Yes