Times Newspapers Limited

Part of Oral Answers to Questions — Employment – in the House of Commons at 12:00 am on 23 January 1979.

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Photo of Mr Chris Price Mr Chris Price , Lewisham West 12:00, 23 January 1979

Is my right hon. Friend aware that, if Times Newspapers closes permanently, the secondary unemployment effects could involve well over 10,000 people and that this is a serious matter? Does he recall that about 13 years ago, Lord Thomson pledged to the Monopolies Commission the whole of his considerable personal wealth in this country to continuing Times Newspapers in being? Since he has taken nearly all that personal wealth to Canada—[HON. MEMBERS: "He is dead."] Since nearly all that wealth has gone to Canada, is my right hon. Friend aware that the Government bear a heavy responsibility to make proper arrangements if the titles of Times Newspapers, which are all they own, are sold to someone else?