British Steel

Part of Oral Answers to Questions — Scotland – in the House of Commons at 12:00 am on 4 July 1990.

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Photo of Mr Teddy Taylor Mr Teddy Taylor , Southend East 12:00, 4 July 1990

I congratulate my right hon. and learned Friend on his powerful fight for Scottish steel. Has he clarified whether, in the event of the Ravenscraig closure, British Steel would automatically offer the plant for sale at a negotiated price, or whether the chairman of British Steel would reserve the right not to sell the plant if he considered that a sale would be contrary to the commercial interests of British Steel?