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I do not know whether the hon. Gentleman is aware that the Fairfield Shipbuilding Co. has joined the Upper Clyde Shipbuilding Group and is, therefore, part of a new business, and that the operating experience of the yard will be available to others in the small group.
Is my right hon. Friend aware that a few weeks ago the Fairfield Shipbuilding Co. declared a profit of £300,000 for 1967? Is he further aware that if the U.C.S. follows the Fairfield method it, too, will show profits?
There is no doubt whatsoever that the work done at the Fairfield yard under the arrangements introduced by the Government permitted a yard which would otherwise have died to restore the morale of the workers and introduce new methods. This experience is now available in the Upper Clyde Shipbuilding Group.