§ Mr. Boyesasked the Secretary of State for Trade and Industry if the performance fee for Mr. MacGregor's period at British Steel has yet been determined; what criteria are being used; and if he will make a statement.
§ Mr. Norman LamontI refer the hon. Member to my reply of 16 November 1984, at column 370, on this subject. The decision of the review committee will be made known after BSC's accounts for the year to end-March 1985 are available. Copies of the committee's criteria were placed in the Library of the House on 15 April 1981.