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Possible Answers:
NEB.
Last seen on: Universal Crossword – Dec 10 2018
Random information on the term “NEB”:
The National Enterprise Board (NEB) was a United Kingdom government body.
The National Enterprise Board was set up in the United Kingdom in 1975 to implement the Wilson Labour government’s objective of extending public ownership of industry. The plans were outlined in the 1974 White Paper The Regeneration of British Industry and the Industry Act 1975 enacted these measures, establishing the NEB.
By the time that the NEB was set up under the 1975 Industry Act its remit had been modified. Its primary role was now that of providing funds for industrial investment. It also had the specific roles of promoting the rationalisation of firms within particular sectors of industry, with stimulating the growth of exports and in assisting the development of small companies. Staff were recruited from a variety of backgrounds from both industry and the City.
It also had the task of dealing with a number of companies which had got into financial difficulty and had already come to the Government for assistance. These were very familiar names – British Leyland, Rolls Royce, Alfred Herbert, Sinclair Radionics and Ferranti.