HC Deb 26 July 1976 vol 916 c93W
Miss Maynard

asked the Secretary of State for Industry, in view of the large amount of public money to be invested in Alloy Steel Rods if it is the Government's policy to take a 51 per cent. or more share holding in the company.

Mr. Les Huckfield

This is primarily a matter for the British Steel Corporation, which is already a shareholder in the company. The Secretary of State's consent would be required for the acquisition of a further interest by BSC.