HC Deb 18 February 1992 vol 204 c132W
Mr. Flynn

To ask the Secretary of State for Trade and Industry if he will list the value of money and shares(a) paid by the Government to set up Inmos Ltd., (b) received by the Government for the sale of Inmos to Thorn EMI and (c) the total paid to Inmos Ltd. and SGS Thomson in grants and loans from public funds.

Mr. Leigh

[holding answer 14 February 1992](a) The value of the Government shareholding in Inmos as at 31 December 1983 was £65.9 million, representing investment in ordinary and preference shares over a period of years; (b) the company was sold to Thorn EMI in 1984 at a profit of £29.6 million; (c) information on the amount of grant paid to individual companies is commercially confidential.