Nationalised Industries (Return on Capital)

Part of Oral Answers to Questions — Technology – in the House of Commons at 12:00 am on 13 July 1970.

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Photo of Mr John Golding Mr John Golding , Newcastle-under-Lyme 12:00, 13 July 1970

Can the Minister say how the nationalised industries can be expected to achieve these target rates of returns if prices are controlled artificially? Will he state whether the levels of investment in the nationalised industries are to continue to be dependent upon these industries achieving the target rates of returns?