§ Mr. Skeetasked the Secretary of State for Trade and Industry when he proposes to allow private capital to participate in the constructional engineering and chemical divisions of the British Steel Corporation, or in any joint company set up for that purpose.
§ Mr. RidleyThe B.S.C. has agreed to convert both divisions into Companies Act companies and is free to invite participation of public capital in accordance with the terms of my right hon. Friend's statement of 28th June, 1971. I understand that discussions to these ends are proceeding.—[Vol. 820, c. 34–5.]