HC Deb 21 March 1978 vol 946 cc536-7W
Mr. George Grant

asked the Secretary of State for Industry if he will list the National Enterprise Board's investments in the Northern Region, giving the name and location of the company involved.

Mr. Les Huckfield

The information is as follows:

tions in the region, responsible for well over 1,600 jobs. The newly-established regional board has made a promising start, and I expect it to make steady progress.

Mr. George Grant

asked the Secretary of State for Industry if he will consider widening the terms of reference of the National Enterprise Board to enable it to set up publicly owned companies and take public initiatives where private sector initiatives have failed; and if he will make a statement.

Mr. Les Huckfield

The Board already possesses the power to form companies, and has taken initiatives of this sort where the private sector has failed, eg in setting up Keland Electrics Ltd. and Fairey Engineering Holdings Ltd.

Back to