Gas and Electricity Industries (Finance)

Part of Oral Answers to Questions — Ministry of Power – in the House of Commons at 12:00 am on 25th May 1965.

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Photo of Mr Frederick Lee Mr Frederick Lee , Newton 12:00 am, 25th May 1965

I appreciate what my hon. Friend has in mind, but in the terms of the White Paper on the Financial and Economic Obligations of the Nationalised Industries certain objectives were agreed in consultation with each industry for an experimental period of five years, which ends in May, 1967. It would not be advantageous to attempt to change those objectives during the course of that five-year period.