HC Deb 17 July 1972 vol 841 c21W
Mr. Strang

asked the Secretary of State for Trade and Industry what his policy is with regard to International Computers Limited remaining an indigenous British firm.

Mr. Chataway

As I told the House on 3rd July, the Government's view is that any possible association with an overseas firm should provide for the maintenance of a substantial computer research and development, manufacturing and marketing capability, controlled in this country. I have nothing to add to that.—[Vol. 840, c. 34–40.]

Mr. Strang

asked the Secretary of State for Trade and Industry if the Government will increase its shareholding in International Computers Limited.

Mr. Chataway

The support for ICL which I announced on 3rd July does not involve any increase in the Government's shareholding. As to ICL's longer-term needs, on which I am in touch with the company, I cannot anticipate what form any support might take.—[Vol. 840, c. 34–40.]