HC Deb 30 June 1983 vol 44 c150W
Mr. Stern

asked the Secretary of Trade and Industry if the Government intend to bring forward proposals for the denationalisation of Rolls Royce Ltd. in the present Session.

Mr. Butcher

No. It is the Government's intention to see Rolls-Royce returned to the private sector during the course of the present Parliament. We recognise, however, that potential investors will require evidence that the company can achieve and maintain a record of profitable trading, and the Government's first priority is therefore to encourage the company's efforts to return to profitability.