Steel Industry

Part of Oral Answers to Questions — Wales – in the House of Commons at 12:00 am on 21st November 1977.

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Photo of Mr Nicholas Edwards Mr Nicholas Edwards , Pembroke 12:00 am, 21st November 1977

Is the Minister aware that the West Wales Steel Development Committee is holding a crisis meeting today to consider the huge losses of BSC, the collapse of its investment strategy and the real possibility that the Port Talbot development will not go ahead? What action will the Government take to deal with this financial crisis and the potentially serious consequences for the Welsh economy?