HC Deb 24 November 1975 vol 901 c48W
17. Mr. Teddy Taylor

asked the Secretary of State for Industry if he will make a statement on the prospects of the shipbuilding industry.

Mr. Gregor Mackenzie

The world shipbuilding market has entered a severe recession, whose effects are being felt in the United Kingdom. Most of our major shipyards have order books stretching into 1977, but it is difficult to get new orders in the face of fierce international competition for the limited business available.

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