HC Deb 05 December 1978 vol 959 c590W
Mr. Ridley

asked the Secretary of State for Industry if he will set out, together with the amounts involved, the loans and grants which will be denied to the Ford Motor Company as a result of the discretionary sanctions to be applied against the company.

Mr. Les Huckfield:

After considering the company's pay settlement in the light of all the relevant circumstances the Government decided that it would be inappropriate to interfere with future payments under the terms of existing offers of financial assistance to Ford.

My right hon. Friend will take account of the breach of pay policy when it comes to considering any new applications for discretionary financial assistance.

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