HC Deb 14 November 1988 vol 140 c529W
Mr. Teddy Taylor

To ask the Chancellor of the Exchequer what recent loans have been given by the European Investment Bank to the British Aerospace company in connection with the Airbus project; and whether Her Majesty's Government have underwritten such loans.

Mr. Brooke

The board of directors of the European Investment Bank approved a loan to British Aerospace on 4 October, the details of which are a matter for the company and the bank alone. There is no United Kingdom Government guarantee for this loan.

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