Aircraft Corporation of Great Britain

HC Deb 28 January 1975 vol 885 cc141-2W

Mr. Warren

asked the Secretary of State for Industry if he will give an assurance that he will not accept any redundancy proposals from the organising committee of the Aircraft Corporation of Great Britain.

Mr. Meacher

The function of the organising committee will be to make detailed plans for vesting and for the initial organisation of the publicly-owned industry and for developing the strategy to be followed after public ownership. It will not be for the committee to make

INDUSTRIAL PRODUCTION
					Annual average growth rate	Percentage change
					1948–58	1958–73	January-June 1973/January-June 1974
					Per cent.	Per cent.
Canada	…	…	…	…	5.2	6.2	4.5
United States	…	…	…	3.1	5.3	1.3
Japan	…	…	…	…	16.7	13.6	4.4
Australia	…	…	…	…	*	5.5	8.0
New Zealand	…	…	…	*	*	*
Austria	…	…	…	…	11.0	6.0	6.7
Belgium	…	…	…	…	2.6	5.1	9.6
Denmark	…	…	…	…	*	*	*
Finland	…	…	…	…	5.6	7.5	2.9
France	…	…	…	…	6.2	6.1	4.6
German Federal Republic	…	14.4	6.0	1.8
Greece†	…	…	…	…	*	*	1.4
Iceland	…	…	…	…	*	*	*
Ireland	…	…	…	…	4.1	7.0	3.3
Italy	…	…	…	…	8.5	7.4	12.3
Luxembourg	…	…	…	2.9	3.4	7.5
Netherlands	…	…	…	6.5	7.8	6.9
Norway	…	…	…	…	5.6	5.4	6.3
Portugal	…	…	…	…	*	7.4	*
Spain	…	…	…	…	*	10.3	14.6
Sweden	…	…	…	…	3.0	5.8	7.7
Switzerland	…	…	…	*	5.2	3.7
Turkey	…	…	…	…	*	*	*
United Kingdom	…	…	…	3.1	3.3	-2.7
* Not available.
† Figures are not available for Greece earlier than 1962.
Sources:
1948—United Nations Statistical Yearbook.
1958–74—OECD Main Economic Indicators.

proposals to the Government on redundancy.