HC Deb 07 November 1960 vol 629 c21W
Mr. Farr

asked the Chancellor of the Exchequer whether he will forthwith wind up the Iron and Steel Holding and Realisation Agency; and if he will take other early steps to release the nationalised steel industry from State control.

Mr. Selwyn Lloyd

The Agency can be wound up when it has substantially discharged its duty of returning the steel industry to private ownership.

It remains the firm intention and, indeed, the confident hope of the Government that within the lifetime of the present Parliament the work of the Agency will be substantially completed.