HC Deb 29 March 1976 vol 908 c361W
Mr. Stonehouse

asked the Secretary of State for Industry whether he will take steps under the Industry Acts or otherwise to avert the closure of F. H. Lloyd Steelworks at Tipton.

Mr. Gregor Mackenzie

No request from the company for assistance has been received, since it has concluded that the operation is no longer viable. Assistance to preserve such surplus capacity could not be justified under the requirements for selective financial assistance.