HC Deb 17 April 1978 vol 948 c20W
Mr. Kenneth Clarke

asked the Secretary of State for Industry what estimates he has made of the calls that Rolls-Royce is likely to make on the funds of the National Enterprise Board in the forseeable future.

Mr. Les Huckfield

This is primarily a matter for the NEB which is responsible for deciding the allocation of its funds between the subsidiary companies within its overall financial provision. Rolls-Royce's future financial requirements are currently the subject of discussions between my Department and the NEB.

Mr. Kenneth Clarke

asked the Secretary of State for Industry whether the Government expect to be consulted or advised of the extent of any future provision of public funds to Rolls-Royce by the National Enterprise Board; and, if so, how.

Mr. Les Huckfield

Although the funding of its subsidiaries is primarily a matter for the NEB, my Department is broadly aware of the NEB's intentions through consideration of the company's annual and long term business plans. In addition, arrangements exist for consultation about specific projects.