§ Mr. Dewarasked the Secretary of State for Industry if he will list the compensation paid for each firm incorporated in 299W British Shipbuilders; and if he will publish the names of those firms for which compensation figures have not been agreed and estimate when these outstanding negotiations will be completed.
§ Mr. Michael MarshallCompensation has been settled as follows for companies which vested in British Shipbuilders:
Amount (including any payment on account) £000 Listed securities Robb Caledon Shipbuilders Limited 1,739 John G. Kincaid & Company Limited (preferences shares) 118 Unlisted securities Barclay, Curle & Company Limited 15,000 Clelands Shipbuilding Company Ltd. The Goole Shipbuilding and Repairing Co. Ltd. Swan Hunter Shipbuilders Limited Smith's Dock Company Ltd. Swan Hunter Training and Safety Company Limited Austin & Pickersgill Ltd. 14,000 George Clark & NEM Limited 1,940 In addition, payments on account have been made as follows covering all the companies vested in British Shipbuilders for which compensation remains to be determined:
£000 Brooke Marine Limited 650 Cammell Laird Shipbuilders Limited 400 Hall Russell & Company Ltd. 650 Hawthorn Leslie (Engineers) Ltd. 550 John G. Kincaid & Company Limited 2,250 Scott Lithgow Limited 750 Scott Lithgow Drydocks Limited Vickers Shipbuilding Group Limited 8,450 Vosper Thornycroft (UK) Limited 1,350 Vosper Shiprepairers Limited Yarrow (Shipbuilders) Limited 2,250 Yarrow (Training) Limited I cannot say when the remaining cases will be resolved. Two have been referred to arbitration. Negotiations are proceeding on the other outstanding cases and it is not possible to say whether these cases will be settled by negotiation or arbitration.