HC Deb 07 February 1972 vol 830 cc255-6W
Mr. Merlyn Rees

asked the Secretary of State for Trade and Industry if he will list the loans made in 1971 between 1st April and 31st December by the Shipbuilding Industry Board under Section 4 of the Shipbuilding Industry Act, 1967.

Mr. Ridley

Between 1st April and 31st December, 1971, the S.I.B. made the following loans under Section 4 of the Shipbuilding Industry Act, 1967:—

Borrowing Company Amount of Loan
£
Lithgows (1969) Ltd. 971,396
Scotts' Shipbuilding Co. (1969) Ltd. 700,000
Appledore Shipbuilders Ltd. 814,000
Cochrane & Sons Ltd. 200,000
Drypool Engineering & Dry Dock Co. Ltd. 134,000
Ryton Marine Ltd. 99,950
Charles D. Holmes & Co. Ltd. 85,244
3,004,590

Mr. Merlyn Rees

asked the Secretary of State for Trade and Industry if he will list the outstanding liabilities vested in him as a result of the dissolution of the Shipbuilding Industry Board.

Mr. Ridley

Apart from one or two minor accounts which may remain to be paid there are no liabilities arising from the dissolution of the S.I.B. but I have succeeded to the rights of the S.I.B. in

Million tons
1962 1963 1964 1965 1966 1967 1968 1969 1970 1971
Imports 0.8 1.2 1.5 0.6 0.9 1.6 2.1 2.2 2.2 2.0
Exports 2.9 3.2 3.5 3.5 3.3 3.7 4.1 3.7 3.8 4.7

The figures cover ingots and other primary forms; bars, rods, angles, shapes and sections; universals, plates and sheets; hoop and strip; certain rails and railway track material; tubes, pipes and fittings; castings and forgings, unworked; and railway locomotive axles, tyres and wheels.

Mr. Arthur Lewis

asked the Secretary of State for Trade and Industry how much steel has been imported into Great Britain since June, 1970, from which countries; at what costs; and whether, under the existing rules and regulations of the European Coal and Steel Community,

respect of a holding of 12 million 5s. ordinary shares in Upper Clyde Shipbuilders Ltd. (in liquidation) and in respect of loans to the following shipbuilders:—

Shipbuilder Amount of Loan Principal Outstanding
£
Drypool Engineering & Drydock Co. Ltd. 424,000
Appledore Shipbuilders Ltd. 1,032,750
Robb Caledon Shipbuilders Ltd. 400,000
Harland & Wolff Ltd. 8,000,000
Yarrow (Shipbuilders) Ltd. 1,185,000
Ryton Marine Ltd. 99,950
Charles D. Holmes & Co. Ltd. 85,244
Scott Lithgow Ltd. 3,800,000
Upper Clyde Shipbuilders Ltd (In liquidation). 3,520,000