§ 73. Mr. Boothasked the President of the Board of Trade, what is the total paid to the latest convenient date by Her Majesty's Government in investment grants for the purchase of ships built in shipyards outside the United Kingdom; and what percentage of these grants were made to companies owned by foreign investors.
§ Mr. DellAt 30th June, 1968, £12.6 million had been paid in investment grants to British shipping companies in respect of ships built in foreign yards; 22 per cent. of this amount was paid to companies controlled by interests resident outside the United Kingdom.