§ Mr. MaddenTo ask the Secretary of State for Education and Science how much money, to date, Dixons has paid towards capital and revenue expenditure at Bradford city technology college; what is the total financial commitment of Dixons to the capital and revenue expenditure of Bradford city technology college to date; by what dates Dixons is required to pay additional amounts; and whether any of these commitments are conditional on Dixons remaining free from takeover.
§ Mrs. RumboldThe total financial commitment of the Dixons Group plc to the capital development of the Bradford city technology college is £1.1 million. This is being paid by a deed of covenant over five years in five equal payments of £220,000. The first payment was made in March 1989, the next being due in March 1990. Our agreement with Dixons is based on the understanding that the covenant by Dixons is such that it would have to be taken over by any successor of the Dixons Group plc.