HC Deb 28 January 1969 vol 776 c272W
27. Mr. Biggs-Davison

asked the Chancellor of the Exchequer whether he will state his criteria for giving Treasury consent to the acquisition of British by foreign enterprises.

Mr. Diamond

It is the policy of the Government to consider each application in the light of all the relevant factors, including the economic advantages and disadvantages to the United Kingdom, the national importance of a particular firm or industry, and the benefit to the balance of payments and to the reserves.