HC Deb 10 May 1984 vol 59 c454W
Mr. Hayward

asked the Secretary of State for Trade and Industry if he has now made a decision regarding launch aid support for Rolls-Royce participation in the V2500; and if he will make a statement.

Mr. Norman Lamont

The Government have decided to advance launch aid of £60 million in support of Rolls-Royce's participation in the international V2500 aeroengine project. This aid will be repayable by a levy on sales.

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