§ Mrs. Helen JacksonTo ask the President of the Board of Trade what were the outstanding liabilities of British Beef when it went into receivership. [22606]
§ Mr. Jonathan EvansBritish Beef Co. Ltd. went into administrative receivership on 23 March 1995. The joint receivers have informed my officials that the directors estimated the realisable value of the company's assets at that date to be £14 million and that secured creditors were owed £8.5 million, preferential creditors £0.75 million and unsecured creditors £6 million.