§ 11. Mr. Liptonasked the President of the Board of Trade what action he is taking to implement the recommendations of the Monopolies Commission 1542 that the Imperial Tobacco Company should dispose of its shares in Gallaher.
§ Mr. ErrollI regret that I cannot yet add anything to the reply given to the hon. Member for Swindon (Mr. F. Noel-Baker) on 28th November.
§ Mr. LiptonIs not this quite a disgusting state of affairs? Why is the President of the Board of Trade so weak-kneed and lily-livered in his approach to the tobacco barons who are continuing to flout with impunity the very carefully-considered recommendations of the Monopolies Commission which it took five years to reach? When does the Minister intend to put his foot down, and not allow himself to be treated like a doormat by these tobacco magnates?
§ Mr. ErrollI do not propose to reply to the hon. Gentleman's more offensive allegations, but I would inform him that it is far more important to reach the right decision than it is to reach a decision quickly. Nevertheless, I hope that it will be possible to make an announcement shortly.
§ Mr. F. M. BennettWhile not adopting the line taken by the hon. Member for Brixton (Mr. Lipton)—[HON. MEMBERS: "Why not?"]—because I do not happen to agree with it—may I ask whether my right hon. Friend is aware that earlier this month I had an intimation from his Department that an answer, one way or the other, would soon be coming? While I have no particularly strong feelings on what that answer should be, I think that it really is time that the Government made up their mind one way or the other.
§ Mr. ErrollI have said in a previous supplementary answer that I hope to make an announcement shortly. I am sorry that I cannot do so before the House rises for the Christmas Recess.
§ Mr. JayWhy is the President of the Board of Trade so terrified of the Imperial Tobacco Company? Surely it should be possible, even for this Government, to make up their mind in six months on a simple proposal like this?
§ Mr. ErrollI can assure the right hon. Gentleman that I am not afraid of the Imperial Tobacco Company, or of the 1543 insinuations in his supplementary question.
§ Mr. LiptonOn a point of order, Mr. Speaker. Owing to the unsatisfactory nature of the right hon. Gentleman's reply, I beg to give notice that I shall raise the matter at the earliest possible opportunity on the Adjournment.