§ 84. Mr. Roy Hughes
asked the Minister of Power what consideration he has given to the proposal made to him by the Trades Union Congress that the National Coal Board and the British Steel Corporation should establish a new and independent industrial financing organisation; and whether he will take steps to implement this proposal.
§ Mr. Swain
asked the Minister of Power whether he will consider setting up a joint subsidiary of the National Coal Board and British Steel Corporation to assist the redevelopment of areas affected by pit closures and plant rationalisation in the iron and steel industry as suggested in the Trades Union Congress's Economic Review for 1968, a copy of which has been sent to him.
§ Mr. Marsh:
The Government will not overlook the contribution which any of the public enterprises might make in helping to bring employment to areas affected by closures; under the Government's measures for the development and special development areas, substantial incentives are already available to attract new enterprises which will provide additional employment opportunities.