HC Deb 27 July 1967 vol 751 c266W
Mr. Derek Page

asked the Minister of Technology if he will make a statement about the finances of the National Research Development Corporation.

Mr. Benn

In view of the position which has been reached on the advances made to the Corporation, and the Corporation's inevitable forward commitments, I propose to introduce legislation at a convenient opportunity to increase the limit of advances from the Ministry to the Corporation from £25 million to £50 million. The National Research Development Corporation has an important rôle to play and it must have the resources to do so.