HC Deb 02 May 1960 vol 622 cc51-2W
Mr. Lee

asked the Chancellor of the Exchequer whether he will make a statement as to the sale of Richard Thomas and Baldwins Ltd.; and what estimate he makes of the value of undertaking.

Mr. Barber

No. The Government's policy as regards the return to private ownership of its remaining holdings in the steel industry was fully explained

Sir D. Eccles

The figures are as follows:

in the debates on the Iron and Steel (Financial Provisions) Bill. It is clearly undesirable for the Government to make statements about the value of any individual company in advance of negotiations for sale.