§ Mr. Rankinasked the President of the Board of Trade what expenditure has been incurred by his Department on the acquisition of securities in Fair-fields (Glasgow) Limited.
§ Mr. JayOn 7th January the Board of Trade paid £500,000 for the purchase of 50 per cent. of the issued ordinary shares in Fairfields (Glasgow) Ltd. and purchased at par the whole of an issue of £1 million 7 per cent. Unsecured Loan Stock, 1975, made by the Company. The money was advanced from the Civil Contingencies Fund. A supplementary estimate to enable the Board of Trade to repay these advances will be presented shortly.