§ Mr. Crowther
asked the Secretary of State for Industry whether, and in what circumstances, he expects the Phoenix II discussions to be resumed.
§ Mr. Wakeham
Discussions on Phoenix II, the proposed rationalisation of BSC and GKN engineering steel interests, are a matter for the companies concerned. In a joint statement on 12 February they indicated that the position will be reviewed from time to time in the light of changing market conditions.