HC Deb 08 December 1964 vol 703 c1312
4. Mr. Peyton

asked the Minister of Power what is his policy concerning financial objectives for those nationalised industries for which he is responsible.

Mr. Frederick Lee

The nationalised fuel and power industries for which I am responsible will continue to work to financial objectives agreed from time to time between the Government and the boards.

Mr. Peyton

Is the right hon. Gentleman aware that his reply is very welcome? We are delighted to hear that he is to follow the policy set by the previous Government, which is very important. Is he further aware of the great sympathy we will feel for him in explaining this to hon. Members opposite?