HC Deb 07 February 1972 vol 830 c236W
40. Mr. Duffy

asked the Secretary of State for Trade and Industry if, in view of continuing high unemployment, he will take further steps to encourage extra capital investment in the nationalised industries under his sponsorship.

Mr. John Davies

Since the statement of my right hon. Friend the Chancellor of the Exchequer on 23rd November extra capital investment by the British Steel Corporation and the gas and electricity industries, amounting to some £30 million, has been approved or is under active consideration.