HC Deb 08 March 1976 vol 907 cc68-9W
Mr. Trotter

asked the Secretary of State for Industry to what extent financial assistance has been made available under Part II of the Industry Act 1972 since 6th November 1975 to companies listed for nationalisation in Schedules 1 and 2 to the Aircraft and Shipbuilding Industries Bill.

Mr. Kaufman

Apart from the guarantee of a bank overdraft facility provided for one shipbuilding company already in public ownership, no new financial assistance under Part 2 of the Industry Act 1972 has been offered since 6th November 1975 to any company listed in Schedules 1 and 2 to the Aircraft and Shipbuilding Industries Bill.

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