HC Deb 13 July 1971 vol 821 cc77-9W
Mr. James Hill

asked the Secretary of State for Trade and Industry what steps he is taking to ensure that the Cunard fleet remains under the British flag ; and what assurances have been made to him in this regard by the chairman of Cunard.

Mr. John Davies

Apart from any particular ships that may be sold in the ordinary course of business, I am not aware of any proposal to transfer the Cunard fleet to any other flag. A takeover of Cunard would not of itself affect the obligation on this company, which is incorporated in and has its principal place of business in the United Kingdom, to operate its ships under the British Flag.

Mr. James Hill

asked the Secretary of State for Trade and Industry what arrangements exist regarding further repayments of the loans to Cunard in the event of a take-over of the company.

Mr. Ridley

Repayment is governed by agreements which are not affected by changes in the control of the Cunard Group.

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