Speeches

Lilian Greenwood – 2015 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Lilian Greenwood on 2015-12-14.

To ask the Secretary of State for Transport, what income his Department received in connection with its holding in NATS Holdings Ltd in each year from 2010-11 to 2014-15; and what his Department’s projected income is from its holding in NATS Holdings Ltd in each year from 2015-16 to 2020-21.

Mr Robert Goodwill

NATS is a private company and HMG owns a 49% stake in this entity.

In each of the years 2010-11 to 2014-15, the Department received the following income in connection with its stake in NATS:

Year

2010-11

2011-12

2012-13

2013-14

2014-15

Income (£m)

19.547

24.775

19.547

30.298

37.628

Future dividend distribution will be determined by the board of NATS as appropriate.