§ Mr. Gryllsasked the Secretary of State for Industry how much money has been invested by the National Enterprise Board in Nexos; what will be the shareholding of the National Enterprise Board in the joint venture Nexos Gestetner; and what is the total of the losses incurred to date by Nexos.
§ Mr. WakehamThe NEB has invested a total of £29,553,000 in Nexos Office Systems Ltd. and Nexos Office Systems (Holdings) Ltd. The NEB's discussions with Gestetner about the possible establishment of a new joint venture are a matter for the board. The latest available figures for Nexos' total operating losses—before tax—were £17.4 million to 30 June 1981.