§ Mr. Grimondasked the Secretary of State for Trade and Industry what is the total amount of public money advanced or promised to Lower Clyde Shipbuilders since the General Election.
§ Mr. RidleyIn addition to assistance derived from general measures of support for industry Scott Lithgow has received since the General Election particular assistance from the Shipbuilding Industry Board amounting to £3.8 million in loans and just over £1.4 million in grants.
§ Mr. Grimondasked the Secretary of State for Trade and Industry what is the total amount of money advanced and promised to Upper Clyde Shipbuilders from public sources since the General Election.
§ Mr. RidleyApart from assistance available to industry generally, no public moneys were advanced or promised to Upper Clyde Shipbuilders between the General Election in June, 1970, and the 231W liquidation of the company in June, 1971. Government policy following the liquidation was set out in my right hon. Friend's statement to the House on 14th June, 1971. Government assistance has been made available to the U.C.S. liquidator as reported to the House on 20th October, 1971, 29th November, 1971, and 17th January, 1972.
§ Mr. Grimondasked the Secretary of State for Trade and Industry what is the total in terms of cash and tonnage of the orders on the books of Upper Clyde Shipbuilders.
§ Mr. RidleyWhen Upper Clyde Shipbuilders went into liquidation, 31 ships on its order hooks were undelivered. These ships had a total contract value of £88½ million and a total of 730,000 d.w.t. Since liquidation, seven ships have been delivered—contract value £17.3 million, 168,000 d.w.t. Work is proceeding on 14 ships—contract value £39.3 million, 316,000 d.w.t. Work is suspended on eight ships—contract value £26.3 million, 208,000 d.w.t. A contract for two ships has been cancelled—contract value £5.6 million, 38,000 d.w.t.