HC Deb 07 December 1981 vol 14 c298W
40. Mr. Huckfield

asked the Secretary of State for Industry whether he has considered the further information that Leyland Vehicles invested in subsidiary and ancillary motor vehicle industry companies in advance of his approval of its corporate plan which has been sent to him by the hon. Member for Nuneaton; and whether he will make a statement.

Mr. Norman Lamont

I have received and considered the information provided by the hon. Member. Decisions about component sourcing—referred to in the article which he sent me—are for BL to take, and I cannot comment on the detailed allegations. As for investment by BL in subsidiary and ancillary motor vehicle companies, all BL's proposals for investment are contained in its annual five-year corporate plans which are submitted to the Government. In addition, BL seeks specific approval for major investment programmes.