§ Mr. Maddenasked the Secretary of State for Industry what is the level of public funds that has been injected into Ferranti Ltd. since Her Majesty's Government acquired 50 per cent. of the shares.
§ Mr. Les HuckfieldIn accordance with the arrangements announced on 14th May 1975, the Government have acquired 62.5 per cent. of the total equity of Ferranti Limited and made a loan of £6⅓ million to the company. Information is not available centrally of other payments made under arrangements for financial assistance to industry, for which Ferranti Limited is as eligible as any other company.