HC Deb 10 July 1974 vol 876 cc513-4W
Mr. Bruce-Gardyne

asked the Secretary of State for Industry what discussions his Department had with the managing director of International Property Development Limited regarding the provision of up to £1 million in financial support under the terms of the Industry Act as a condition for the acquisition by this company of Fisher-Bendix Limited; and if he will make a statement.

Mr. Heffer

None. The discussions my Department has had with the Chairman of IPD (Industrial) Limited have been about selective assistance towards the financing of the company's operations at the Kirkby plant and I have informed him that we cannot assist.

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