§ Paul FlynnTo ask the Secretary of State for Trade and Industry how much public money has been given to British Energy in each of the last five years; and what this money has been used for. [93682]
§ Mr. WilsonOn 9 September 2002 the Government agreed to provide British Energy with a credit facility for up to £410 million in respect of its working capital requirements and cash collateral for trading in the UK and North America. On the 26 September 2002 the Government agreed to extend the credit facility and increase it from £410 million up to £650 million. As of 24 January 2003, £418 million of the facility has been drawn down.