HC Deb 12 July 1977 vol 935 c117W
Mr. Hoyle

asked the Secretary of State for Industry, in view of the critical position of the British steel industry, what measures he is taking to assist the British Steel Corporation.

Mr. Les Huckfield

Subject to Parliament granting the necessary powers, my right hon. Friend intends to make finance available to the Corporation in the current financial year within a cash limit of £950 million. The Government have also the Corporation's interests to the fore in discussions on Community steel policy.