§ 51. Mr. Bishopasked the Secretary of State for Trade and Industry whether, in view of the problems facing the British bearings industry as the result of Japanese competition, the effects of price restraint and the consequent curtailment of investment, he will consult further with the industry as to its future rôle.
§ Mr. Anthony GrantMy Department is always ready to discuss with the British bearings industry any matters affecting its future.
§ Mr. Bishopasked the Secretary of State for Trade and Industry what applications for assistance have been made by the bearing industry under the Industry Act; and if he will make a statement.
§ Mr. Anthony GrantBy 20th March three firms classified under Minimum List Heading 349½1 had applied for selective financial assistance under Part II of the Industry Act.