No NBC deal
Page 19
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TRANSPORT Secretary Nicholas Ridley has thrown out the National Bus Company's compromise for privatisation.
The plan {CM, October 20) called for groups of profitable and unprofitable companies (none bordering on any of the others) to be sold off as packages. This was a compromise between the Government's plan to break NBC into separate companies and NBC's desire to remain intact.
Mr Ridley is said to have sent the plan back to the NBC board 3nd told its members that he Nould like to see a greater de3ree of privatisation.
Meanwhile, changes within NBC continue with the United 7.ounties subsidiary splitting its )us maintenance and central Norks units facilities to allow he workshop to develop Hofitable external work.
The central workshop at gorthampton is to become a ;eparately accountable unit vithin the company and it will rade as United Counties Engileering.
UCE has already established tself as a leader in the field of :oach air-conditioning and it )Ians to • continue developing his part of its activities.
At the same time, two new leet engineers are being apminted to look after the operaional buses and they will be iased at workshops at Milton eynes for the north and Luton or the south.