HC Deb 16 November 1967 vol 754 cc605-6
3. Mr. Stratton Mills

asked the Secretary of State for Economic Affairs if he will make a statement on the resignation of Mr. Grierson as chief executive of the Industrial Re-organisation Corporation.

Mr. Shore

On 27th October, Mr. Ronald Grierson tendered, and I accepted, his resignation as Deputy Chairman and Managing Director of the I.R.C. The reasons for the resignation were made clear in the published exchange of letters beween Mr. Grierson and myself.

Mr. Mills

Would the Minister confirm that the main reason for Mr. Grierson's resignation, as stated in an article in the Spectator, was dissatisfaction with the Government's Industrial Expansion Bill and considerable dissatisfaction with the relationship between Government and industry, which has made his job totally impossible?

Mr. Shore

All I can say is that no such implication emerges from his letter of resignation.