Vsel

Part of the debate – in the House of Commons at 4:22 pm on 23rd May 1995.

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Photo of Frank Field Frank Field Chair, Social Security Committee, Chair, Social Security Committee 4:22 pm, 23rd May 1995

While the House is naturally concerned about the strategic needs of the country and, more specifically, the Government's procurement requirements, is the President of the Board of Trade aware that, when the Government announced their privatisation proposals, his Cabinet colleague, the right hon. Member for Wirral, West (Mr. Hunt), and I tried to persuade GEC to break up the Government's preferred bidding so that it could buy the Cammell Laird yard? Is the President of the Board of Trade aware of our concerns about the long-term future of Laird if VSEL were to acquire it? When the future owners of VSEL emerge and the dust has settled, will he remind the new owners that the people of the Wirral peninsula will be waiting for that company to join with local forces, to try to recreate the skilled jobs that VSEL felt that it had to destroy?