§ Lord ORR-EWINGasked Her Majesty's Government:
Whether any Directive has been given to the NEB on further industrial acquisitions pending decisions on its 1915WA future and whether the investment of £300,000 in a medical electronics firm is in accordance with any such Directive.
§ The MINISTER of STATE, DEPARTMENT of INDUSTRY (Viscount Trenchard)No direction has been given to the NEB in this matter. The NEB's planned investment of £300,000 in Sonicaid Limited was a firm commitment which the NEB had entered into under the previous Administration.