HC Deb 10 June 1980 vol 986 cc122-3W
Mr. Grylls

asked the Secretary of State for Industry what was the total amount lent by the National Enterprise Board to British Tanners Products Limited; what was the total amount lent by third parties to British Tanners Products and guaranteed by the National Enterprise Board; and what is the total amount of financial assistance provided to British Tanners Products by the National Enterprise Board, prior to the receivership of the former.

Mr. Michael Marshall

: The board's annual report and accounts 1979 show that before the company went into receivership the board had subscribed £2 million for its shares and lent it £2.5 million. Guarantees of loans to the company by third parties are a matter for the board.

Forward to