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Trading Companies (Government Interests)

Volume 414: debated on Monday 15 October 1945

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asked the President of the Board of Trade whether those firms, companies, factories, etc., which were purchased by the Government during the war are to continue to be owned by the Government.

The Government acquired an interest during the war in a small number of companies to ensure efficient maintenance of war production, and in some of those cases where public notice was given last November of the intention to sell the shares the shares have already been disposed of, while negotiations are proceeding about others. The future of the remainder is under consideration.