HC Deb 17 January 1977 vol 924 c59W
Mr. Sedgemore

asked the Secretary of State for Industry if he has any plans to enter into an agreement with GEC and its subsidiaries.

Mr. Alan Williams

GEC has entered into operative planning agreement discussions in respect of its turbo-generator interests; further discussions are awaiting the outcome of Government consideration of the CPRS report on the United Kingdom power plant manufacturing industry.

Mr. Sedgemore

asked the Secretary of State for Industry if he will advise the National Enterprise Board to purchase shares in GEC and its subsidiaries.

Mr. Les Huckfield

Whether my right hon. Friend would advise purchasing shares in GEC or a GEC subsidiary would depend upon the circumstances.

Mr. Sedgemore

asked the Secretary of State for Industry if he will list those spheres and industries and companies in which the Government and GEC and its subsidiaries have a joint interest; and what is the Government's interest.

Mr. Les Huckfield

I will reply to my hon. Friend as soon as possible.