HC Deb 15 November 1973 vol 864 c216W
Mr. Skeet

asked the Chancellor of the Exchequer what is his policy towards nationalised industries taking holdings in private sector firms and on how these purchases are to be financed.

Mr. Higgins

The Government do not encourage extension of the activities of the nationalised industries, but there may be cases where such a holding may constitute an essential support of their main activities. The financial arrangements would be related to the circumstances of each case.

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