§ Mr. Eggarasked the Secretary of State for Trade if he will refer to the Monopolies and Mergers Commission the proposed acquisition of Davy International by the Enserch Corporation of Texas.
§ Mr. BiffenMy decision to refer this merger to the commission was announced today. I should make it clear that this decision in no way implies a departure from the policy of successive Governments in welcoming inward investment in the United Kingdom.