HC Deb 01 July 1986 vol 100 c468W
Mr. Hoyle

asked the Secretary of State for Trade and Industry what request his Department has made to BL for the repayment of open market borrowings with some of the receipts from the sale of Jaguar; and if he will make a statement.

Mr. Peter Morrison

[pursuant to his reply, 30 June 1986, c. 373]: My Department has made no such request to BL, but use of the funds from the sale of Jaguar has been the subject of discussion with the company from time to time in the context of BL's overall financial position.