Securities Trust
The Securities Trust (SET) was a holding company established in 1924 jointly by the British Treasury and the Bank of England to dispose of certain government-owned assets.[1] When the Disposal and Liquidation Commission was closed down that year, certain assets were transferred to SET:[1]
| Company | Holding |
|---|---|
| British Celanese Ltd | £500,000 |
| A. Ruffer & Sons Ltd | £689,250 |
| G.F. Neame & Co. | £68,500 |
| Foy, Morgan & Co. | £128,689 |
| Durant, Radford & Co. | £6,900 |
References
- Cerretano, Valerio (2007). The Treasury, Britain’s post-war reconstruction and the industrial intervention of the Bank of England, 1921-1929. Paris: PARIS-JOURDAN SCIENCES ECONOMIQUES.
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