Written question asked by Nick Gibb (Conservative) on Monday, 26 November 2001, in the House of Commons. It was due for an answer on Wednesday, 5 December 2001. It was answered by Brian Wilson (Labour) on Wednesday, 5 December 2001 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: To ask the Secretary of State for Trade and Industry, what savings have been made in Magnox-related liability estimates since the Government transferred its shareholding in Magnox Electric to BNFL. - Inc figure.

Answer: Mr. Gibb: To ask the Secretary of State for Trade and Industry what savings have been made in Magnox-related liability estimates since the Government transferred its shareholding in Magnox Electric to BNFL. [19253] Mr. Wilson: BNFL's liabilities including those of Magnox Electric are stated in its annual report and accounts. BNFL's liabilities have shown a net increase in the period since the acquisition of Magnox Electric. Magnox liabilities account for over 85 per cent. of the BNFL group liabilities.

Secondary information

Type: Written question
Reference: 376 c302W; 19253
Session: 2001-02
Subjects: British Nuclear Fuels Finance Liability Government shareholding Property transfer Magnox Electric
Contains statistics: Yes
Link: View this Written question on www.publications.parliament.uk