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تاریخ::
کشتی سازهای آپر کلاید | بالادست رودخانه کلاید
The government showed its willingness to allow market forces a greater role in industrial policy than Labour when Davies refused to follow Labour's example of supporting ailing shipbuilding concern Upper Clyde Shipbuilders (UCS).
Davies did not consider that UCS was receiving enough business to be viable.
Though thousands of jobs on Clydeside were at stake, he refused to extend credits to ship owners intending to place orders for the construction of ships by UCS.14 The Cabinet stood ?
A similar set of circumstances surrounded UCS, which entered receivership in July 1971.
nance for UCS would be 'contrary to the Government's general industrial policy', the Cabinet nevertheless agreed to work with management and the unions to reconstruct (and rationalize) the company.
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