HC Deb 01 August 1984 vol 65 c300W
Mr. Shore

asked the Secretary of State for Trade and Industry what arrangements he intends to make when privatising publicly-owned shares in British Shipbuilders' warship yards to ensure that the yards remain in majority British control.

Mr. Tebbit

In the event that I consider it desirable, in the national interest, to place permanent restrictions on foreign ownership I shall do so by making the appropriate provision in the companies' memoranda and articles of association, or by whatever other means appear appropriate.

Mr. Shore

asked the Secretary of State for Trade and Industry what was the profit by the warship yards division of British Shipbuilders in the most recent financial year.

Mr. Tebbit

The latest available information is contained in British Shipbuilders' annual report and accounts for 1983–84, copies of which were laid before Parliament on 25 July.