§ 131. Mr. Lawsonasked the Chancellor of the Exchequer what is the amount of Government money on loan to, or invested with, Colvilles, Limited; and what dividends, or interest payments, have been made by Colvilles, Limited, in respect of such loans or investments since the 10 million ordinary shares of that company were resold to the investing public.
§ Mr. ErrollThe investment of the Iron and Steel Holding and Realisation Agency in Colvilles, Limited, consists of£4 million 5½per cent. Cumulative Preference shares of£1 each, and£10 million 4½per cent. Debenture Stock 1975–85, both fully paid. Dividends on the preference shares and interest on the debenture stocks have been paid on the due dates on the amounts of the shares and stocks paid up from time to time.