Orders of the Day — Industry and Environment

Part of the debate – in the House of Commons at 2:51 pm on 22 November 1989.

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Photo of Mr Roger King Mr Roger King , Birmingham, Northfield 2:51, 22 November 1989

My right hon. Friend should cast his mind back to 1979 when we had had five years of Socialism under a Labour Government. Does he recall the Chrysler car company of the United Kingdom which, in 1978, endured 700 stoppages? Chrysler sold its business to Peugeot, the French company, for the equivalent of 66p. Nine years later, after practically no stoppages, that company is making profits of £100 million a year and is proving extremely successful in the British economy. Surely that says everything about our policies.