§ 42. Mr. Dormandasked the Secretary of State for Trade and Industry if he will make a statement on the future of Inmos.
§ Mr. Kenneth BakerInmos began to trade profitably in the last quarter of 1983 and this trend has strengthened in 1984. A group of investors had proposed to make a placement of £30 million in new shares in the company, but in the light of Inmos's current performance and its improved prospects the Government have withheld the signature of the British Technology Group to this proposal. The BTG is actively exploring other options for180W the transfer of the company to the private sector bearing in mind the taxpayer's past investment and the future development of Inmos technology.