HC Deb 18 December 1974 vol 883 cc462-3W
Mr. Adley

asked the Secretary of State for Industry, of the aerospace exports of £3,500 million from 1946–1972 and over £500 million in 1973, what proportions were achieved by nationalised industry and what by free enterprise industry.

Mr. Meacher

Details of the aerospace exports of Rolls Royce (1971) Ltd., a company whose shares are all held by the State, are not available. The annual reports of that company, which are held by the Library of the House of Commons, give the following figures for their exports:

Period Total exports (including sales tosubsidiaries) Direct exports
£ £
23rd May 1971 to 31st December 1971 54,359,000 49,081,000
Year ending 31st December 1972 154,370,000 135,760,000
Year ending 31st December 1973 197,922,531 176,022,787

It must be noted, however, that not all of these exports will be products of the aerospace industry.

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