HC Deb 26 January 1970 vol 794 c232W
46. Sir J. Eden

asked the Minister of Technology if he will make a statement on the rationalisation of the British Steel Corporation, including the shutdown of loss-making plants, which it is Her Majesty's Government's policy to achieve.

Mr. Harold Lever

The corporation, which is currently facing capacity shortages, expects to increase efficiency by developing and rationalising facilities at existing works, by its formal cost-saving programme and by productivity agreements, rather than by major closures of complete works in the medium term.