HC Deb 09 March 1994 vol 239 c246W
26. Mr. Sheerman

To ask the President of the Board of Trade what percentage of United Kingdom manufacturing industry is now owned by foreign companies.

Mr. Heseltine

I refer the hon. Member to the answer given by my right hon. Friend the Minister for Industry on 23 February 1994,Official Report, column 230.

35. Mr. Austin Mitchell

To ask the President of the Board of Trade what is his strategy to promote the growth of United Kingdom manufacturing industry including research and development.

Mr. McLoughlin

My Department's refocused innovation policy seeks to promote manufacturing industry by putting more resources into helping companies—especi-ally smaller companies—gain access to and exploit technology, whether from the United Kingdom or overseas.