§ 13. Mr. Jim Marshall
To ask the Secretary of State for Northern Ireland if he will make a statement on the future of Shorts plc.
§ Mr. Tom King
The Government believe that the best prospects for Shorts are in the private sector. An information memorandum was issued on 10 January to a number of prospective purchasers inviting them to submit preliminary proposals. From these a short list of potential buyers will be drawn up and detailed negotiations will start as soon as possible.
At the request of a number of interested parties, the date for receipt of preliminary proposals has been extended from 10 February to 17 February.