HC Deb 06 March 1972 vol 832 c225W
63. Mr. Onslow

asked the Secretary of State for Trade and Industry what estimate he has formed of the total indebtedness of Rolls-Royce Limited to suppliers and subcontractors in the engineering industry at the time of the company's collapse; and what consideration he has given to methods of compensating for the industry's resultant loss of liquidity.

Mr. Corfield

The total trade creditors of Rolls-Royce Ltd. have been estimated to amount to approximately £57 million. The Government's continued support for the RB211 has been of considerable benefit to the creditors of Rolls-Royce Ltd. and the measures introduced by the Government to stimulate the economy generally can be expected to benefit company liquidity.