§ Mr. Grylls
asked the Secretary of State for Industry if he, or the National Enterprise Board, is holding any discussions with private interests with regard to introducing private capital into either Inmos or Nexos; and if he will make a statement.
§ Mr. Adam Butler
My right hon. Friend has not himself held discussions of this sort: they are a matter for the board and the companies and necessarily they are commercially confidential. The board has accepted responsibility, set out in paragraph 9 of its draft revised guidelines, to introduce some, or secure greater, private financial involvement, as soon as practicable, in companies in which it has an interest.