HC Deb 02 August 1971 vol 822 cc221-2W
Mr. Biffen

asked the Secretary of State for Trade and Industry what is the current level of public funds committed to International Computers Limited and what proposals there are for increasing this commitment.

Mr. Corfield

Excluding funds committed by the Government as customer, the current level of public funds committed to International Computers Limited over and above payments already made amounting to some £14½ million is about £3½ million. This includes the outstanding balance of the purchase price of the Government's shareholding and outstanding commitments on contracts placed under the Advanced Computer Technology Project. As regards proposals for increasing this commitment, I would refer my hon. Friend to the reply which I gave to my hon. Friend the Member for Sheffield, Hallam (Mr. J. H. Osborn) on 30th July.—[Vol. 822, c.196–7.]

Forward to