HC Deb 10 February 1978 vol 943 cc740-1W
Mr. Grylls

asked the Secretary of State for Industry (1) if he will make a statement on the new methods of financing British Leyland as forecast by the Chairman of the National Enterprise Board on 7th February;

(2) what proportion of the future capital requirements of British Leyland are expected to be produced from internally generated sources, and what proportion from the National Enterprise Board.

Mr. Les Huckfield

My right hon. Friend expects to be in a position to make a statement about the future financing of British Leyland when he has received and considered the recommendations which the National Enterprise Board will be submitting to him on British Leyland's revised corporate plan.