HC Deb 05 November 1975 vol 899 c186W
Mr. Warren

asked the Secretary of State for Energy if he will make a statement about the reasons for the delays in the approval of applications from industry for help under the Government's energy saving loan scheme.

Mr. Eadie

Applications are dealt with as rapidly as possible, but it necessarily takes time to determine whether adequate financial security can be offered and then to negotiate the terms and conditions of the loan. Several offers of loans have been made and formal loan agreements are expected to be completed shortly. If the hon. Member has a particular case in mind I shall be glad to look into it and to write to him.