HC Deb 26 October 1972 vol 843 cc437-8W
Mr. Ian Lloyd

asked the Secretary of State for Trade and Industry what forecast he has made of the total sum likely to be spent in direct support of the British shipbuilding industry by Her Majesty's Government in the calendar years 1972 to 1974, respectively.

Mr. Chataway

The latest forecast for the financial year 1972–73 is £53 million and for the financial year 1973–74 is £42 million. These forecasts cover direct support already announced to Govan Shipbuilders Ltd., Cammell Laird Shipbuilders Ltd., Harland & Wolff Ltd. and the UCS liquidator, as well as construction grants under Section 11 of the Industry Act.