§ 53. Mr. Wingfield Digbyasked the Minister of Technology how many credit guarantees have been given under Clause 7 of the Shipbuilding Act, 1967; how many have been refused; and on what grounds.
§ Mr. BennFifty-two guarantees have been given to date, involving a liability of £86 million. Forty-eight guarantees which will bring the outstanding liability up to £200 million are either under negotiations or approved in principle. No guarantee has been refused.