HC Deb 23 October 1987 vol 120 c914W
Mr. Roger King

asked the Chancellor of the Duchy of Lancaster what progress there has been on Rover Group's plans to dispose of Llanelli Radiators; and if he will make a statement.

Mr. Atkins

Austin Rover Group Ltd. announced on 15 October that it had concluded an agreement for a management led employee buy-out of its Llanelli Radiator operation. This follows a decision announced last November (Official Report, 21 November 1986, columns 379–380) to seek a purchaser for the plant.

Following the completion of the sale of Llanelli Radiators the Government will accept no further responsibility for ensuring the obligations of the company are met.

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