HC Deb 27 November 1975 vol 901 c291W
Mr. Tebbit

asked the Chancellor of the Exchequer what effect the payment of compensation for the compulsory State take over of the assets of HSD, HSA, BAC and Scottish Aviation Ltd., proposed in the Aircraft and Shipbuilding Industries Bill will have upon the borrowing requirement.

Mr. Joel Barnett

None. Compensation will take the form of issue of Government stock.