HC Deb 17 January 1977 vol 924 cc49-50W
Mr. Sedgemore

asked the Chancellor of the Exchequer if the recent GEC share deal comes within the terms of the social contract; and if he will make a statement.

Mr. Joel Barnett

I will let my hon. Friend have a reply as soon as possible.

Mr. Sedgemore

asked the Chancellor of the Exchequer how much money GEC and its subsidiaries have received from the Government in the past 10 years; and if he will detail the various grants and subsidies and loans.

Mr. Joel Barnett

I will let my hon. Friend have a reply as soon as possible.

Mr. Skinner

asked the Chancellor of the Exchequer whether payment of capital notes totalling £178 million by the GEC Company to Sir Arnold Weinstock and other shareholders of that company is in accordance with the social contract; whether the Treasury has agreed the payments; and if he will make a statement.

Mr. Joel Barnett

I will let my hon Friend have a reply as soon as possible.