HC Deb 21 December 1962 vol 669 c260W
Mr. Box

asked the Chancellor of the Exchequer if he will take further financial measures to stimulate increased activity in the steel industry with a view to reducing the possibilities of takeover of individual companies at figures far below the net asset values of their ordinary shares.

Mr. du Cann

I expect that the fiscal changes and increased public investment which my right hon. Friend announced recently will have a beneficial effect on industry generally, including the steel industry.