§ 34. Mr. Edelmanasked the Secretary of State for Economic Affairs what studies he has made of the extent to which redundancies will arise from the mergers to which the Industrial Re-organisation Corporation plans to give support this year.
§ Mr. Frederick LeeIt is not possible to forecast the mergers which will be supported by I.R.C. this year, or to assess their effects on employment. The Corporation is, however, well aware of the need for companies contemplating mergers to ensure that any resulting redundancies are dealt with in an orderly and sympathetic manner.