§ Mr. Maloneasked the Secretary of State for Trade and Industry how many offers to purchase Hall Russell Shipbuilders. Aberdeen, have been received by his Department as at 15 February.
§ Mr. Norman LamontI can confirm that initial offers have been received for Yarrow Shipbuilders and Hall Russell. It is not in the interest of British Shipbuilders or the Government to reveal the names or numbers of bidders while negotiations are in train.