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Mr. Stanley
asked the Secretary of State for Industry what is the difference of view between the Industrial Development Advisory Board and his Department over Alfred Herbert Limited, referred to in the House by the Under-Secretary of his Department on 23rd January.
Mr. Benn
The board and I recognised that the business should be placed on a sound and continuing basis. The board recommended that this was best achieved through allowing the company to go into receivership. I took the view that this was not the best course.