HC Deb 09 January 1990 vol 164 cc581-2W
Sir Fergus Montgomery

To ask the Secretary of State for Transport if he will now announce the 1990–91 supplementary credit approvals for public airport companies and local authority airports.

Mr. McLoughlin

Supplementary credit approvals totalling £59 million will be available for public airport companies and local authority airports for 1990–91. These borrowing approvals, together with other resources which public airport companies expect at this stage to invest, will assist the airports concerned to provide facilities which they estimate could cost some £117 million in 1990–91. I have today agreed to supplementary credit approvals totalling £46 million at this stage. The major projects concerned include the continuation of work on terminal 2 at Manchester airport and of infrastructure for the Eurohub terminal at Birmingham airport. Formal supplementary credit approvals will be issued as soon as part IV of the Local Government and Housing Act 1989 comes into effect.