HC Deb 14 June 1968 vol 766 cc70-1W
Mr. Bryant Godman Irvine

asked the Minister of Power if he will give for nine months, or the latest convenient period starting with July 1967, the profit or loss made by the steel industry.

Mr. Gunter

The British Steel Corporation announced in April a net loss of £319,000 in their first two months of trading from 28th July to 30th September, 1967. This was after depreciation and interest other than on the commencing capital debt. They are announcing today that in the six months to 30th March, 1968 they broke even on the same basis.