§ Mr. Hoyleasked the Secretary of State for Industry (1) if he will make it his policy to require of every overseas company setting up manufacturing or assembly operations in the United Kingdom a level of United Kingdom value added content not less than 50 per cent.
(2) whether it is the policy of Her Majesty's Government to seek from overseas companies establishing assembly or manufacturing plants in the United Kingdom any undertaking as to United Kingdom value-added content; what levels of United Kingdom value added content have been achieved in cases where undertakings have been sought; and whether he will seek to ensure that any agreed level of United Kingdom value-added content is net.
§ Mr. MacGregorI will reply to the hon. Member as soon as possible.