HC Deb 04 July 1984 vol 63 c179W
33. Mr. Fallon

asked the Secretary of State for Trade and Industry what evidence he has on the development of management buy-outs since the Companies Act 1981came into force.

Mr. Butcher

Companies are not required to give the Government information specifically about management buy-outs, and therefore I have no special source of evidence on their development. However, I understand that management and employee buy-outs are increasingly being used to facilitate company rationalisation. I welcome these developments, which will lead to improved performance by strengthening the personal interest of the work force in their companies.

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