§ Mr. Neil Hamiltonasked the Secretary of State for Trade and Industry whether he is satisfied that the proposed sale by the British Steel Corporation of Stanton and Staveley to the French company, St. Gobain, is consistent with the Government's objective of privatisation.
§ Mr. Norman LamontIt is consistent with the objective of disposing of activities peripheral to the British Steel Corporation's mainstream steel businesses.
§ Mr. Neil Hamiltonasked the Secretary of State for Trade and Industry whether he will refer the proposed sale by the British Steel Corporation of Stanton and Staveley to the French state-owned company, St. Gobain, to the Monopolies and Mergers Commission.
§ Mr. Norman LamontMy right hon. Friend will decide whether or not to refer the proposed sale in the light of advice from the Director General of Fair Trading who is currently considering the case.
§ Mr. Neil Hamiltonasked the Secretary of State for Trade and Industry if it is the intention of Her Majesty's Government to agree to the sale by the British Steel Corporation of its subsidiary, Stanton and Saveley, to the French state-owned company, St. Gobain.
§ Mr. Norman LamontConsent by the Government is not needed for the sale to take place.