HC Deb 02 May 1968 vol 763 c231W
38. Mr. Winnick

asked the President of the Board of Trade what action Her Majesty's Government plans to take to limit the extent of United States investment in British industry.

Mr. Dell

Cases involving the takeover of existing companies, which by their size or their nature constitute a vital part of British industry, are already considered, and will continue to be considered, on their merits. Subject to that safeguard, it remains our general policy to welcome investment in this country by United States and other foreign companies.