Co-operative Development Agency and Industrial Common Ownership Movement

HC Deb 10 November 1980 vol 992 cc56-7W

Mr. Tilley

asked the Secretary of State for Industry when he expects to make a statement on the future funding of the Co-operative Development Agency and the Industrial Common Ownership Movement.

Mr. David Mitchell

A decision on future funding of the Co-operative Development Agency will be taken early next year following a review of its work.

I have advised the Industrial Common Ownership Movement that the Government cannot extend public funding of the organisation beyond November 1981 when the provisions of the Industrial Common Ownership Act expire.