§ Mr. Kenneth Clarkeasked the Secretary of State for Industry what is the policy of the Government towards the sale by the National Enterprise Board of its holdings in companies that have become successful and profitable.
§ Mr. Les HuckfieldIt is a statutory function of the Board to hold publicly owned securities and to extend public ownership into profitable areas of manufacturing industry. The Board, under its guidelines, is required to seek my right hon. Friend's approval to the disposal of voting shares.