HC Deb 13 July 1970 vol 803 cc1145-6
57. Mr. Dell

asked the Minister of Technology whether he intends to take and hold a 50 per cent. shareholding in Cammell Laird (Shipbuilders and Engineers) Limited, Birkenhead.

Mr. Ridley

The Public Trustee, on behalf of my right hon. and learned Friend, holds 50 per cent. of the ordinary shares in this company.

Mr. Dell

The hon. Gentleman has not said whether it is the Government's intention to hold a 50 per cent. shareholding. Further, as he is apparently not aware of the series of pledges made to the workers of Cammell Laird on behalf of the Shadow Cabinet during the election, will he find out what they were, and will the Government take steps to implement them all?

Mr. Ridley

The Public Trustee holds a 50 per cent. shareholding, and there is no intention of transferring it to the Government. On the latter point, I shall certainly make the inquiries the hon. Gentleman suggests.