HC Deb 04 March 1982 vol 19 c197W
Mr. Crowther

asked the Secretary of State for Industry whether, and in what circumstances, he expects the Phoenix II discussions to be resumed.

Mr. Wakeham

Discussions on Phoenix II, the proposed rationalisation of BSC and GKN engineering steel interests, are a matter for the companies concerned. In a joint statement on 12 February they indicated that the position will be reviewed from time to time in the light of changing market conditions.