§ 40. Mr. Sackville
asked the Secretary of State for Trade and Industry if he is satisfied that the loan guarantee scheme is working effectively.
§ Mr. Trippier
I am encouraged that at the end of November 1983, 12,984 guarantees had been issued in respect of £428.1 million of bank lending. I am at present conducting a fundamental review of the impact and operation of the scheme and I cannot pre-judge the outcome.