HC Deb 27 May 1976 vol 912 c351W
Mr. Hooley

asked the Secretary of State for Trade what statutory powers he possesses to regulate the activities of multinational conglomerate companies such as Lonrho, in the public interest.

Mr. Clinton Davis

Multinational companies operating in the United Kingdom are subject to the same statutory provisions as domestic companies. Any company incorporated in Great Britain, whether British or foreign owned, has to comply with all the requirements of the British Companies Acts.

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