§ Mr. Ridleyasked the Secretary of State for Industry how much public money in total has been spent and lent on hovercraft development.
§ Mr. MeacherThe total public funds spent on hovercraft development amount to £16.6 million and a further £0.9 million is committed but not yet spent. The National Research Development Corporation has, however, so far recovered214W £2.2 million as a return on its expenditure of £5.2 million included in the total.