Mr. Bob Brownasked the First Secretary of State and Secretary of State for Economic Affairs why he has decided that it is inappropriate to ask the Industrial Reorganisation Corporation to assist the development of Messrs. Durran's (Northern) Limited, which is in liquidation.
§ Mr. Harold LeverThe Corporation's main function is to promote the rationalisation of industry. It was not established to act as a lender of last resort to companies which are not commercially viable.