§ 46. Mr. SummersonTo ask the Chancellor of the Duchy of Lancaster if he will make a statement on progress in restoring the British Steel Corporation to commercial viability.
§ Mr. AtkinsBSC's financial progress in recent years has been impressive. Whereas in the early 1980s BSC was making heavy losses, in 1986–87 its profit after all deductions was £178 million, representing a return of 6–5 on net assets employed at year end. Its performance in the present year is expected to continue this improvement. BSC has received no Government financial assistance since 1985 and its activities are now entirely self-financing.