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Planning Agreements

Volume 932: debated on Friday 20 May 1977

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asked the Secretary of State for Industry (1) how many planning agreements are in the process of discussion with the top 100 companies;

(2) how many planning agreements with the top 100 companies are nearing completion.

, pursuant to his reply[Official Report, 19th May 1977], gave the following information:Announcements have been made about planning agreement discussions with five category 1 companies.

* Of these a planning agreement has been made with Chrysler (UK). Talks with British Leyland have been suspended during the present review and discussions with the

other companies in the turbine generator and process plant industries have been deferred pending the outcome of the Government's consideration of the CPRS Report. Explanatory talks are in progress with a number of other companies in category 1.

* NOTE. Category 1 companies, broadly speaking, include manufacturers with total annual home sales of £50 million or more and service companies with total home sales of £20 million or more. All construction and distribution companies are excluded from category 1.