Government-owned Firms (Unsecured Creditors)

HC Deb 17 February 1970 vol 796 cc64-5W

63. Mr. Higgins

asked the Chancellor of the Exchequer if he will take steps to ensure that unsecured creditors of all Government-owned concerns are paid in order to maintain the Government's credit worthiness.

Mr. Diamond

I assume the hon. Member is referring to the case of Beagle Aircraft Ltd. My hon. Friend the Joint Parliamentary Secretary to the Ministry of Technology explained in debate on 27th January that the Government have this matter under consideration. A full statement will be made shortly.