§ Mr. TrotterTo ask the Secretary of State for Trade and Industry if he will make a statement on British Shipbuilders' external financing limit for 1989–90.
§ Mr. Douglas HoggBritish Shipbuilders' external finance limit for 1989–90 was provisionally set at £3 million as recorded in "The Government's Expenditure Plans 1989–90 to 1991–92" published in January 1989. I have now set a revised external finance limit for 1989–90 of £35 million to meet the costs associated with the disposal and closure of British Shipbuilders' subsidiaries over this year. This increase is being charged to the Reserve and is within the estimate for the planning total in the Autumn Statement.