HC Deb 11 July 1978 vol 953 c505W
Mr. Grylls

asked the Secretary of State for Industry, further to his reply to the hon. Member for Renfrewshire West, (Mr. Buchan) Official Report, 4th July, column 114, concerning the financial duties of British Shipbuilders, what he considers to be an adequate return on capital employed by the company; and when he expects this figure to be reached.

Mr. Les Huckfield

My right hon. Friend is not prepared to specify what rate of return he regards as adequate and the time scale for its attainment until he has received British Shipbuilders' view of the prospects and objectives for the industry which will include in its corporate plan.