§ Mr. Matthew BanksTo ask the President of the Board of Trade if he will make a statement on British Shipbuilders' external financing limit for 1993–94.
§ Mr. SainsburyBritish Shipbuilders' external financing limit for 1993–94 was set at minus £7.8 million as recorded in "The Government's Expenditure Plans 1993–94 to 1995–96" published in February 1993, Cm 2204. The planned EFL has increased slightly due to a decrease of £0.6 million in British Shipbuilders' income on interest. However, this effect has been offset by the transfer to BS of £0.32 million residual balance from its now-dormant subsidiary Sunderland Enterprise and Training Ltd. The net effect is a small increase in the EFL to minus £7.5 million.