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Industrial Activity

Volume 885: debated on Monday 27 January 1975

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asked the Secretary of State for Industry whether he is satisfied with the level of industrial activity; and what action he proposes to take.

No, we are not satisfied with the present level of industrial activity. We intend shortly to bring before the House a new Industry Bill, to give effect to the policies outlined by the Government in their White Paper on the regeneration of British industry. By providing, for the first time, for full co-operation between the Government and all sections of manufacturing industry, they will, in our opinion, be material in leading to improvements in our industrial performance.