HC Deb 15 January 1981 vol 996 c595W
Mr. Crowther

asked the Secretary of State for Industry what proposals he has so far received concerning the establishment of a joint company, in which the private sector will have a majority interest, to take over assets of the special steels division of the British Steel Corporation.

Mr. Michael Marshall

The Department has received proposals separately from private sector companies and from BSC to establish jointly owned companies in which their interests might be combined, but as yet no agreed proposal has emerged on which the Department can take a view.