§ 28. Mr. Evelyn Kingasked the Secretary of State for Industry in how many cases his Department has guaranteed with the joint stock banks overdrafts granted to the motor industry; and what were the 10W sums issued and the number of years for which the guarantee holds.
§ Mr. Les HuckfieldIn 1974 and 1975 guarantees were given for borrowing facilities of up to £100 million made available to British Leyland by the banks. These guarantees were extinguished in November 1975.