British Leyland

Part of Oral Answers to Questions — Industry – in the House of Commons at 12:00 am on 5th April 1976.

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Photo of Mr Eric Varley Mr Eric Varley , Chesterfield 12:00 am, 5th April 1976

Conservative Members—I do not necessarily say the hon. Gentleman himself—seem to think that there is some precise arithmetical formula that one can use to measure performance within a particular industry and that if that is not met the further tranche of money has to be stopped. We have made it plain again and again—and the Prime Minister made it plain on 24th April last year—that the further release of funds is conditional upon improvement in performance and industrial relations. I want to see British Leyland a success, and I know that that view is shared by those who work there.