HC Deb 16 July 1986 vol 101 c530W
28. Mr. Brandon-Bravo

asked the Secretary of State for Trade and Industry what are the latest profit figures for British Steel; and if he will make a statement.

Mr. Channon

The British Steel Corporation's report and accounts for 1985–86, published last week, show a profit for that year of £76 million, after interest but before exceptional items. This is BSC's best result for over a decade and, as I am sure the whole House will agree, reflects the greatest credit upon the chairmen, board and work force of the corporation.