§ Mr. Norris
asked the Secretary of State for Trade and Industry if he will make a statement on Her Majesty's Government's policy towards financial assurances to any parts of the Rover Group that may be disposed of.
§ Mr. Peter Morrison
Previous Ministerial statements that the Government will ensure that the obligations of the (then) BL Group are met are unaffected by BL's change in name to the Rover Group. However, in each case after the completion of the sale of Leyland Bus Ltd and of the majority of the Rover Group's shareholding in Unipart Group Ltd, and notwithstanding the Rover Group's continuing minority shareholding in Unipart Group Ltd, the Government will accept no further responsibility for ensuring that the obligations of either company are met.