HC Deb 29 October 1980 vol 991 c288W
Mr. Teddy Taylor

asked the Secretary of State for Industry if he will make a further statement on the position and finances of British Leyland.

Mr. Michael Marshall

The latest position on BL's finances was announced by the chairman, Sir Michael Edwardes, at the time of the half-yearly results—a loss before tax of £155 million. My right hon. Friend does not expect to make any such statement except in the context of Government decisions on BL's 1981 corporate plan, which we have recently received and are now studying.

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