HC Deb 12 February 1963 vol 671 c148W
41. Mr. Morris

asked the Chancellor of the Exchequer what is the Government's present policy on the taking over of private firms by the State in the nation's interest.

42. Mr. T. Fraser

asked the Chancellor of the Exchequer if he will state the considerations taken into account in determining Government policy on the acquisition by a publicly-owned company of a privately-owned firm.

Mr. Maudling

The Government would not permit a policy of deliberately extending the area of public ownership but publicly-owned firms must be permitted to defend their commercial interests if they are threatened.