HC Deb 12 December 1978 vol 960 c122W
Mr. Cryer

asked the Secretary of State for Industry, pursuant to his answer to the hon. Member for Keighley of 5th December, if he will list the experience under the Industry Act 1972, facilitated by the requirements of the Employment Protection Act 1975 which meet the circumstances of the proposed appointment of an official trustee ; and how these two Acts assisted in preventing the closure or proposed closure of Moderna Limited, Thorn's television factory at Bradford, or Seel House Press Limited, Liverpool.

Mr. Les Huckfield:

The requirements for advance notification of redundancies under the Employment Protection Act 1975 and the powers to provide assistance under sections 7 and 8 of the Industry Act 1972 have enabled us to re-establish a considerable number of companies, in financial difficulty, on a sound and viable basis.

In the cases referred to by my hon. Friend, neither Thorn nor Moderna applied for assistance. The application in respect of Steel House Press did not meet the criteria of viability.