HC Deb 15 December 1986 vol 107 cc347-8W
Mr. Wilkinson

asked the Secretary of State for Trade and Industry whether he has discussed with the Economic Community Commission the Government's plans for Leyland Bus and Leyland Trucks.

Mr. Channon

As I told the House on 2 December, negotiations are proceeding for the sale of Leyland Bus and various options are under consideration regarding the future of Leyland Trucks. In this connection I have now notified the Commission under article 93(3) of the treaty of Rome that, when decisions are taken, the Government propose to deal with the historic debt in these companies and with any necessary restructuring costs.

The Government will take forward this notification with the Commission in the light of progress on the commercial negotiations. I will keep the House informed.