HC Deb 15 February 1980 vol 978 c829W
Mr. Grylls

asked the Secretary of State for Wales what he estimates the effect on the cost to public funds would be if bank loans guaranteed for up to 80 per cent. were made by the Wales Tourist Board.

Mr. Wyn Roberts

The Wales Tourist Board has no powers to offer guarantees for bank loans, and it is not possible to estimate what the effect on public funds of such a scheme would be because of the difficulty of predicting the take-up of loans or the extent to which guarantees would be called upon.