Skip to main content

Rolls-Royce (1971) Ltd

Volume 981: debated on Monday 24 March 1980

The text on this page has been created from Hansard archive content, it may contain typographical errors.


asked the Secretary of State for Industry whether, in view of the latest accounts from Rolls-Royce (1971) Ltd., he is satisfied with that company's progress towards the achievement of a 10 per cent. return on capital employed by 1981; whether this target remains Government policy; and if he will make a statement.

The accounts of Rolls-Royce Ltd. for 1979 are not yet available, but it remains my right hon. Friend's intention to ensure that the company seeks a satisfactory return on capital as soon as possible.