HC Deb 22 February 1971 vol 812 c27W
Mr. David Owen

asked the Secretary of State for Trade and Industry why he did not propose a loan for Yarrow Limited through the Shipbuilding Industry Board; and whether there have been any precedents for similar loans to shipbuilders by his Department.

Mr. Ridley

The loan to Yarrow (Shipbuilders) Limited will be made by the Ministry of Defence because of the importance of the yard for the present orders and future programme of the Royal Navy.