HC Deb 03 July 1978 vol 953 c8W
Mr. Trotter

asked the Secretary of State for Industry what is the profit or loss of British Shipbuilders from its commencement of trading up to the latest date for which this information has been supplied to him.

Mr. Les Huckfield

British Shipbuilders has informed me that its accounts for 1977–78 will show substantial losses on contracts entered into before nationalisation covering tonnage delivered in 1977–78 and that still to be completed in the current and future years. The corporation's accounts will not be finalised for some time.