§ 15. Mr. Dalyellasked the Secretary of State for Trade and Industry if he will make a statement on his discussions with the North British Steel Foundry, Bathgate.
§ Mr. Norman LamontI have written to the hon. Member explaining that selective assistance for the 336 company under section 8 of the Industry Act is not available, but that the possibility of section 7 assistance is being investigated by the Scottish Office.
§ Mr. DalyellWill the Minister's officials impress upon Mr. Grant of Lazard Freres that this company has reinvested? What temporary protection can be expected for a firm that could make a considerable contribution to the machinery required for North sea oil development, and to power generation, by producing castings of tolerances that are possibly not bettered anywhere in Europe?
§ Mr. LamontI have asked Mr. Grant of Lazard Freres to meet representatives of the company. I agree with the hon. Gentleman that the North British group provides a range of specialised castings, including those for the North sea. However, I understand that the company intends to concentrate its production at Armadale to continue to provide specialised castings. That factor will be taken into account in the discussions between the group, the Industry Department for Scotland and the Scottish Development Agency when they are considering financial assistance.