HC Deb 16 December 1971 vol 828 c176W
Mr. Geoffrey Finsberg

asked the Secretary of State for Trade and Industry if he will seek powers to establish an insurance fund to operate in the United Kingdom, similar to that operated by the Export Credits Guarantee Department, so that companies placing contracts in this country can be insured against the bankruptcy of suppliers, particularly where sub-contracts are concerned.

Mr. Ridley

No. Facilities for this purpose already exist in the private sector.