HC Deb 26 July 1977 vol 936 c183W
Mr. Warren

asked the Secretary of State for Industry how much of the £65 million intervention fund announced by him on 24th February 1977 has been spent to date; and what percentage price reductions this fund has produced in the cost of ships built in British yards.

Mr. Kaufman

Of the total so far committed, expenditure from the fund up to 17th July was £1.38 million. The effect of the fund on the selling price of the ship is a matter for the company and the Department of Industry.

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