HC Deb 12 January 1993 vol 216 cc710-1W
Ms. Primarolo

To ask the President of the Board of Trade if he will make a statement on the effects for the United Kingdom technology base of the Matra/Marconi takeover of the BAe space division.

Mr. Leigh

British Aerospace has discontinued discussions with potential purchasers or partners for its space systems business since it has not been possible to conclude a satisfactory agreement. In the light of that outcome, the British Aerospace board has decided to retain its space systems interests as a wholly owned subsidiary of British Aerospace plc.