§ 17. Mr. Hal Millerasked the Secretary of State for Industry what conclusions he drew from his visit to Longbridge on 11th February.
§ Mr. Les HuckfieldI refer the hon. Member to the answer my right hon. Friend gave to the hon. Member for Birmingham, Perry Barr (Mr. Rooker) on 15th February.—[Vol. 926, c.207.]
§ Mr. Rookerasked the Secretary of State for Industry if he will make a statement on the present position regarding the funding of British Leyland as between his Department and the National Enterprise Board.
§ Mr. Les HuckfieldAs my right hon. Friend informed the House on 21st July, £100 million of loan finance would be required by British Leyland. £30 million would be provided under Section 8 of the Industry Act 1972 and the remainder made available from the NEB's resources.