§ Mr. Teddy TaylorTo 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. BrookeThe 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.