John Wakeham on electricity share prices

Title

John Wakeham on electricity share prices

Genre

Interview

TX Date

11 Dec 1990

Year of production

1990

Play audio

To listen to the audio files, please log in.

Duration

00:01:20

Description

UK Energy Secretary, John Wakeham denies that the Government sold the electrical supply industry cheaply. In the move to privatise the industry, share prices have reached 172 pence, giving investors an instant profit of 72 pounds, raising the question of its being priced too low. Female reporter not identified.

Contributors

John Wakeham

Keywords

Politics; Government; Prices; Economics; UK; Privatization; Electricity; Electricity supply; Finance; Share dealing; Trade

The copyright of audio recordings in the LBC / IRN Digitisation Archive is owned by Global Radio UK Ltd.