HC Deb 22 March 1968 vol 761 c164W
Mr. Ridley

asked the President of the Board of Trade what he estimates will be the value of orders placed for ships in the United Kingdom by shipping companies controlled by persons resident outside the United Kingdom over the period when those same persons resident outside the United Kingdom draw investment grants to the value of £36½ million.

Mr. J. P. W. Mallalieu

Companies incorporated in Great Britain, which are controlled by interests resident outside the United Kingdom have, on the latest available information, ordered from shipyards in the United Kingdom ships costing £27 million on which investment grants will be paid. It is not possible to estimate what orders such companies will place in future.