§ Mr. Hordernasked the Secretary of State for Economic Affairs on what grounds the Industrial Reorganisation Corporation has informed the Skefco Bali-Bearing Company that it would not be permitted to acquire or amalgamate with Ransomes and Maries Limited.
§ Mr. Frederick LeeThe IRC. has been considering for some time how best274W to restructure the United Kingdom ball and roller bearing industry and to this end has held detailed discussions with both foreign and British-owned companies. Skefco were invited to participate in the reorganisation but they have not so far seen their way to doing so.