§ Mr. Dormandasked the Secretary of State for Trade and Industry if he will make representations to the European Economic Community regarding the compatibility with European Economic Community regulations of the offering by the French Government of subsidies designed to attract employment to France from the United Kingdom; what representations he has received about the proposed transfer by the Terreco Group of work from Case Tractors in Meltham and Leigh to various establishments in France; and if he will make a statement.
§ Mr. ButcherI understand the European Commission have approached the French authorities about the package of French Government support made available following the J. I. Case acquisition of the International Harvester tractor operations in France. The Government have received many representations on the future of the Meltham and Leigh plants notably from the hon. Member for Colne Valley. The Government have discussed and continue to discuss the future manufacturing operations of J. I. Case in the United Kingdom with senior management from Tenneco and its J. I. Case subsidiary.
732WSincerely,
Alex
ALEX FLETCHER
Table 1 Mean Emoluments of Chairman and Highest Paid Director in Large GB Industrial and Commercial Companies*, 1979–83† £000 Accounting Year No. of Companies Analysed Chairman Mean Emoluments £ Highest Paid Directory 1979 582 28,493 39,549 1980 587 33,540 45,936 1981 577 39,622 52,476 1982 587 44,033 61,181 1983 ║395 50,231 66,447 * Large industrial and commercial companies are defined as independent companies and company groups with capital employed of more than £21.8 million and whose main activities are other than insurance, banking and finance. They include GB companies operating mainly overseas. † Each year covers accounting periods ending between 1 April of that year and 31 March of the following year. ‡ Relates only to the highest paid director where he is not the chairman. ║ Some companies have yet to be analysed but full details will be available early next year. SourceDepartment of Trade and Industry's Analysis of Company Accounts as summarised and published in Business Monitor MA3 "Company Finance".