§ Mr. Trotter
asked the Secretary of State for Trade and Industry what are his plans for the privatisation of British Shipbuilders in the light of its 1982–83 losses.575W
§ Mr. Norman Lamont
I intend to proceed with the privatisation of British Shipbuilders' activities as rapidly as possible. British Shipbuilders' warship building activities have been consistently profitable, and profits of £54,751,000 were reported for this activity in 1982–83. The warship building yards are the most likely to attract private investment.