§ Mr. Grylls
asked the Secretary of State for Industry if he will give details, including the date, of when the Government first committed public funds to the Cambridge Instrument Co. Ltd.
§ Mr. Les Huckfield
, pursuant to his reply [Official Report, 30 January 1979; Vol. 961, c. 417], gave the following information:
Apart from minor project support, the Government first committed public funds
Description SITC Rev 2 Thousand tonnes Puddled bars and pilings; ingots, blocks, lumps and similar forms of iron and steel. 672.4 7.5 Blooms, billets, slabs and sheet bars (including tinplate bars), of iron or steel; pieces roughly shaped by forging, of iron or steel. 672.5 246.9 Iron or steel coils for re-rolling … … … … … … 672.7 548.5 Wire rod of iron or steel. … … … … … … … 673.1 131.5 Bars and rods (excluding wire rod), of iron or steel; hollow mining drill steel. 673.2 344.7 Angles, shapes and sections (excluding rails) and sheet pilling, of iron or steel 673.3 230.5 Universal plates of iron or steel … … … … … … 674.1 0 Sheets and plates, rolled but not further worked, of a thickness of more than 4.75 mm. (excluding universal plates)of iron steel. 674.4 348.3 Sheets and plates, rolled but not further worked, of a thickness of 3 mm or more but not more than 4.75 mm., of iron or steel. 674.5 80.7 Sheets and plates, rolled but not further worked, of a thickness of less than 3 mm, of iron of steel. 674.6 943.5 Tinned sheets and plates of steel (other than of high carbon or alloy steel). 674.7 112.4 Other sheets and plates, of iron or steel, worked (e.g., polished, coated cut to non-rectangular shape, perforated, corrugated, channeled, ribbed, chequered, embossed or rounded at the edges). 674.9 326.5 Hoop and strip, of iron or steel, hot-rolled or cold-rolled … … 675.0 90.9 Rails (other than current conducting, with parts of non-ferrous metal), sleepers, fish plates and sole plates of iron or steel; railway axles (assembled or not) and wheels. Parts 676.0 and 791.99 24.9 "Seamless" tubes and pipes; blanks for tubes and pipes, of iron (other than cast iron) or steel (excluding high pressure hydro-electric conduits). 678.2 99.4 Other tubes and pipes, of iron (other than cast iron) or steel (excluding high-pressure hydro-electric conduits). 678.3 97.3 High pressure hydro-electric conduits of steel, whether or not reinforced 678.4 34.5 Steel and iron forgings and stampings, in the rough state … … 679.3 5.6 Castings of steel, in the rough state … … … … … 679.42 2.1 Total … … … … … … … … … 3,675.8 Notes (a) Although the trade descriptions given in the Overseas Trade Statistics include both iron and steel, in practice these figures are likely to relate predominantly to steel. (b)0=less than 50 tonnes.
to the Cambridge Instrument Company Limited in November 1975 when it provided £3¼ million of loan capital and £1¼ million of equity capital, in exchange for a 28.2 per cent. Shareholding, to the company.