HC Deb 11 January 1988 vol 125 c129W
Mr. Beggs

To ask the Chancellor of the Duchy of Lancaster to what extent his Department has subsidised shipbuilders in Great Britain in each of the last five years; if he will publish a list of British shipyards and the subsidy allocated to each; and how much money is presently committed further to subsidise each shipyard in Great Britain.

Mr. Atkins

State aid has been provided to British Shipbuilders in the form of contract-related support through the shipbuilding intervention fund and by the injection of public dividend capital as follows:

1982–83 1983–84 1984–85 1985–86 1986–87 Totals
Richards (Shipbuilders) Ltd. 1.19 0.34 0.16 0.88 0.54 3.11
Cochrane (Shipbuilders) Ltd. 1.20 1.07 0.79 2.21 1.19 6.46
Richard Dunston Ltd. 1.43 0.55 0.03 0.25 0.79 3.05
McTay Marine Ltd. 0.14 0.43 0.99 0.42 1.01 2.99
James Cook Ltd. Nil Nil Nil 0.20 Nil 0.20
Cubow Ltd. 0.09 0.02 Nil Nil Nil 0.11
G. & O. Brown Ltd. 0.06 Nil Nil Nil Nil 0.06
Totals 4.11 2.41 1.97 3.96 3.53 15.98