HC Deb 28 November 1980 vol 994 cc229-30W
Mr. Grylls

asked the Secretary of State for Industry if he will state the total amount of intervention fund agreed for British Shipbuilders in the year 1980–81 and the amount paid up to 24 October 1980.

Mr. Michael Marshall

Subject to the European Commission's agreement in respect of the period from 1 January 1981, the intervention fund available between 16 July 1980 and 15 July 1981 will total £55 million. There is no predetermined allocation between British Shipbuilders and private sector shipyards. No payments have yet been made against this 1980–81 tranche.