HC Deb 16 January 1978 vol 942 c66W
Mr. Kenneth Clarke

asked the Secretary of State for Wales what has been the total of grants and loans out of public funds made to Triang Pedigree Limited; and what is the likely loss of public funds resulting from the insolvency of that company.

Mr. John Morris

The total of grants and loans paid to Triang Pedigree Limited from public funds is £2,840,000. In addition the Government have subscribed £1,025,000 for share capital.

It is too soon to make a meaningful assessment of the financial outcome following the appointment of a receiver.