HC Deb 10 June 1974 vol 874 c408W
Mr. Bruce-Gardyne

asked the Secretary of State for Industry whether he is yet in a position to make a statement about the outcome of his discussions regarding the possibility of further public investment in Triumph Motor Cycles.

Mr. Heffer

The Government are prepared in principle to consider assisting with the formation of a co-operative at Meriden, but a number of important questions remain outstanding and the Government cannot enter into any commitment until these questions have been resolved and further information has been provided and evaluated. We shall, therefore, be having further discussions.