HC Deb 21 February 1995 vol 255 cc109-10W
Mr. Cousins

To ask the President of the Board of Trade what was the cost of the fixed rate export finance scheme of the Export Credits Guarantee Department from 1989–90 to the present.

Mr. Ian Taylor

The cost of ECGD's fixed-rate export finance scheme depends on the prevailing levels of short term interest rates. From 1989–90 the costs have been:

Year £ millions (Rounded)
1989–90 349
1990–91 413
1991–92 237
1992–93 111
1993–94 minus 53
1994–95 minus 11 (Estimated)

Mr. Cousins

To ask the President of the Board of Trade what staff have been seconded to the Export Credits Guarantee Department, however briefly, since 1992; in what capacities they served ECGD; and from which enterprises or companies they came.

Mr. Heseltine

[holding answer 20 February 1995]: Since the beginning of 1992, there have been the following two secondments into ECGD: A Divisional Director from British Aerospace for 15 working days in 1993, under the auspices of the Whitehall Industry Group. An Economist from Barclays Bank plc, for just over three years, working as part of a team responsible for the provision of economic advice and forecasts for country risk assessments.

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