HC Deb 31 July 1963 vol 682 c70W
69. Sir C. Osborne

asked the Minister of Transport what details of the Cunard Steamship Company's proposals for the building of a new "Queen Mary" are unacceptable to Her Majesty's Government; to what extent, in respect either of capital or interest rates, they would require to be changed before they are acceptable; and if he will make a statement.

Mr. Marples

The Company's proposal dealt with the use to be made of the ship, the size of loan, period of repayment, rate of interest, security to be offered and other matters all of which were considered together. It would be misleading to single out particular features that were unacceptable.