HC Deb 26 January 1977 vol 924 c650W
Dr. McDonald

asked the Chancellor of the Exchequer if he will make a statement on Her Majesty's Government's policy on investment in coal mining overseas by United Kingdom companies in which Government have a majority stake in the light of BPs decision to buy into several coal interests in Canada at a cost of £17.3 million.

Mr. Joel Barnett

This is a matter for BP: Her Majesty's Government do not intervene in the administration of the company as a commercial concern.