HC Deb 23 February 1981 vol 999 c289W
Mr. Peter Robinson

asked the Secretary of State for Northern Ireland whether any proposed financial assistance to PX Nuclear Ltd. has been delayed or withheld; whether any assurances as to the continuation of the business were given by his Department; and what representations he has received from firms which have traded with PX Nuclear Ltd.

Mr. Adam Butler

Grant-aid which would otherwise have been payable in November 1980 was not issued because of the company's failure to observe the conditions in its selective assistance agreement with the Department of Commerce. No assurances relating to the continuation of the business were given by the Department of Commerce. Creditors have sought information from the Department about its agreements with the company and a copy of a discussion document prepared recently by an ad hoc committee of creditors has been received by the Department.