HC Deb 12 June 1972 vol 838 c235W
Mr. Bruce-Gardyne

asked the Secretary of State for Trade and Industry what was the total cost to public funds of the Industrial Reorganisation Corporation investment in Herbert-Ingersoll Limited; and how much of this sum he now expects to recover.

Mr. Chat away

£1 million. I am taking action to protect this investment in accordance with the terms on which it was made.