National Enterprise Board

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 Michael Heseltine Mr Michael Heseltine Shadow Secretary of State, Shadow Secretary of State for Industry 12:00 am, 5th April 1976

If the Secretary of State believes that the nationalised industries were distorted after 1972, will he point to one of the nationalised industries in any year before 1970 which, in his view, was earning an adequate return on its assets?