HC Deb 18 May 1972 vol 837 c205W
Mr. Gorst

asked the Secretary of State for Trade and Industry what consultations he has had with the National Film Finance Corporation, the board of British Lion Films Limited and the unions about the sale of the company to Barclay Securities; and whether he will make a statement.

Mr. Anthony Grant

None. The consent of the National Film Finance Corporation is not required for the sale of the equity shares in British Lion, but the purchaser would continue to be bound by the agreement originally made with the Corporation.

Mr. Adley

asked the Secretary of State for Trade and Industry what consultations he has had concerning the purchase of British Lion Films; if he will satisfy himself that the takeover is in the interests of the British film industry and of those engaged therein; and if he will make a statement.

Mr. Anthony Grant

I refer my hon. Friend to my replies today to my hon. Friend the Member for Hendon, North (Mr. Gorst).