HC Deb 16 February 1981 vol 999 c51W
Mr. Les Huckfield

asked the Secretary of State for Industry what has been the cost so far of the flotation of the company British Aerospace Ltd.; and whether he will make a statement.

Mr. Tebbit

A total of £801,473.21 (including value added tax) has so far been paid to financial and other advisers for work in connection with the offer for sale of shares in British Aerospace Public Limited Company. It is proposed to meet the remaining costs of between £4 million and £5 million, of which some £500,000 will be value added tax, from the receipts of the sale.

Mr. Cryer

asked the Secretary of State for Industry, of the 200 textile mills known to his Department to have closed in 1980, how many were in West Yorkshire.

Mr. MacGregor

I am aware of some 30 textile mill closures in West Yorkshire in 1980.