§ Mr. Burdenasked the Chancellor of the Exchequer if he will make a statement in regard to the progress of the nationalisation of Cable and Wireless, Limited.
§ Mr. DaltonYes, Sir. I have fixed the Appointed Day under the Cable and Wireless Act, 1946, at 1st January, 1947, when the balance of the shares of the Company will pass into Government hands. A new Board of Directors is being appointed to operate from the same date, with Sir Stanley Angwin as Chairman and Mr. John Innes as Managing Director. The other members are Major-General L. B. Nicholls, Mr. A. Black and Mr. C. N. Gallic The two last-named are part-time. One further part-time member may be appointed.