§ Mr. Gryllsasked the Secretary of State for Industry if he will give details of any disposal of shares in any British Steel Corporation subsidiary made recently; and when he gave his approval for such disposal.
§ Mr. Les HuckfieldThe Corporation has recently sold one dormant subsidiary with minimal assets and is currently negotiating the sale of 52 per cent. of the equity of RDL (North Sea) Ltd.
My right hon. Friend's statutory approval was not required.
530Wregional policies with the aim of ensuring that regional aids go increasingly to the areas which need them most.
§ Mr. CryerWhile we are co-operating with the Commission on the co-ordination of regional policy and are participating in the relevant discussions, it is accepted by the Community that member States have the best knowledge of all the significant facts required to assess the needs of their own regions.