Letter from the Permanent Secretary, Department
of Trade and Industry, to the Committee
In advance of Monday's PAC hearing into the
British Energy restructuring I would like to bring to your attention
the statement in Wednesday's Budget Report regarding British Energy,
namely that the Government will: "consider selling part of
its stake in British Energy after completion of the Energy Review".
If there were a sale, any proceeds would go into the Nuclear Liabilities
Fund to meet British Energy's liabilities.
24 March 2006
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