§ Mr. Thurnham
asked the Secretary of State for Trade and Industry what are the means by which his Department secures its objectives of supporting British shipbuilding; how he is monitoring their implementation; and if he will make a statement.
§ Mr. Peter Morrison
Financial support for merchant shipbuilding is available through the intervention fund. British Shipbuilders also receives public dividend capital. The performance of British Shipbuilders is carefully monitored against its annual corporate plan. As sponsors, my Department both monitors and supports the industry as a whole.