HC Deb 06 February 1973 vol 850 c83W
Sir R. Cary

asked the Secretary of State for Trade and Industry if, in view of the worldwide demand for small cheap hovercraft, he will provide for the advance of cheap development loans to small firms who are specialising in the production of small cheap hovercraft in Manchester.

Mr. Onslow

Our policy on hovercraft development was announced on 20th March 1972. Legislation, including the Development of Inventions Act 1967, already provides for loans in selected cases.