HC Deb 05 December 1974 vol 882 cc620-1W
Mr. Stanley

asked the Secretary of State for Industry whether he is satisfied with the conduct of business by the Cable and Wireless Company; and if he will make a statement.

Mr. Gregor Mackenzie

The Group profit of Cable and Wireless Ltd has risen from £5.6 million in 1971–72 to £14.7 million in 1973–74 and I regard this as a satisfactory overall performance.