HC Deb 01 February 1967 vol 740 c489
16. Mr. Palmer

asked the Minister of Aviation what plans he has for the nationalisation of the aircraft industry in order to assist the future financing of the Concord and other aircraft projects.

Mr. Stonehouse

None, Sir.

Mr. Palmer

Is my hon. Friend aware that Sir George Edwards, the managing director of the British Aircraft Corporation, has said that he has no basic objection to nationalisation, especially in relation to the financing of the Concord? If Sir George is in favour, why should the Government be against it?

Mr. Stonehouse

Because we are concerned to have an effective industry as a whole, and not only the B.A.C. is involved in it.

Forward to