HC Deb 20 July 1984 vol 64 cc370-1W
Mr. Roger King

asked the Secretary of State for Trade and Industry whether he will make a statement on Her Majesty's Government's policy towards the financial obligations of Jaguar Cars after it has been sold by BL.

Mr. Norman Lamont

After the sale of the BL group's entire shareholding in Jaguar there will, with the exception of the special rights redeemable share, be no direct or indirect Government shareholding in Jaguar plc, and thereafter the Government will accept no responsibility for ensuring that the obligations of the company are met except in so far as they are obligations of BL plc.

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