§ Mr. Stanleyasked the Secretary of State for Industry whether he will publish the report on IPD (Industrial) Limited prepared for his Department by Inbucon.
§ Mr. BennNo. Inbucon's report was prepared on the basis that it was confidential to the Department and the workers.
§ Mr. Stanleyasked the Secretary of State for Industry what cash payments have been made to date by his Department to IPD (Industrial) Limited or to its employees since the company went into receivership; and under what legislation such payments have been made.
§ Mr. BennA grant of £137,500 under Section 7 of the Industry Act 1972 was paid to the Receiver of IPD (Industrial) Limited towards losses incurred by him in operating the business as a going concern. It is expected that the first instalment of the £3.9 million grant under Section 7 of the Industry Act to Kirkby Manufacturing and Engineering Ltd. will be paid by tomorrow.