§ Sir C. Osborneasked the Minister of Technology how much capital he has invested in the Fairfield Shipbuilding Company, Glasgow; what extra loans and bank guarantees have been given; and what plans he has for further investment or loan of public money.
§ Mr. BennGovernment investment consists of £530,000 in ordinary shares and £940,000 in 7 per cent. unsecured loan stock 1975. No other loans or 69W guarantees have been given and I have no present plans for further investment of public money in this company.