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Mr. Teddy Taylor
asked the Secretary of State for Industry whether the Business Machine Division of the Singer Company was acquired by ICL with the help of a £14 million loan from the National Enterprise Board on 1st October; and if it is the policy of the Government that purchases of this nature should be publicly disclosed.
Mr. Les Huckfield
No.
Mr. Teddy Taylor
asked the Secretary of State for Industry whether it is the intention of the ICL Company or the National Enterprise Board to purchase parts of the Singer Company other than the Business Machines Division.
Mr. Les Huckfield
These are matters for the company and the Board.