HC Deb 04 June 1985 vol 80 c134W
Mr. Chope

asked the Secretary of State for Trade and Industry when he intends to appoint external advisers in connection with the privatisation of Rolls-Royce.

Mr. Pattie

It remains the Government's intention to see Rolls-Royce returned to the private sector during the course of the present Parliament. I welcome the company's results for 1984, which show a return to profit and, although a longer period of profitability will be required before the company can be returned to the private sector, I intend to appoint a merchant bank shortly to give preliminary advice to the Department in connection with the company's privatisation.