HC Deb 16 February 1965 vol 706 cc187-8W
51 and 52. Mr. Iain Macleod

asked the Minister of Power (1) if it remains the intention of Her Majesty's Government only to take into public ownership the larger iron and steel companies;

(2) what is now the policy of Her Majesty's Government in relation to the iron and steel industry; how many companies will be affected by his plans; and whether he will make a statement.

Sir P. Roberts

asked the Minister of Power if he will publish a list of the companies which the Government do not intend to nationalise, in view of the Government's policy to exempt those companies whose predominant interests are clearly in engineering and other activities, but which have substantial iron and steel interests also.

Mr. Frederick Lee

The Government's policy is to nationalise the main part of the iron and steel industry. Consultations are continuing on the implementation of this policy, including the treatment of the iron and steel interests of companies whose predominant interests are clearly in engineering and other activities. The necessary legislation is being prepared.

Forward to