HC Deb 30 April 1969 vol 782 cc224-5W
65. Dame Irene Ward

asked the President of the Board of Trade when he intends to sanction the loan for factory development in the North-East, requested by Pulse Electronics Limited 18 months ago; and what reply he has sent to the letter sent to him on 2nd April by the managing director of the company.

Mrs. Gwyneth Dunwoody

It is not the practice to disclose information regarding applications made for financial assistance by individual firms, but I should remind the hon. Member that we have no powers to give loan assistance under the Local Employment Acts except in accordance with a favourable recommendation from the Board of Trade Advisory Committee. I am writing to the hon. Member regarding the reply sent to the letter received from the managing director of the company.