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Savoy Hotel Limited (Inquiry)

Volume 529: debated on Thursday 8 July 1954

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83.

asked the Chancellor of the Exchequer what assistance was given by Her Majesty's Government, directly or indirectly, to enable the directors of the Savoy Hotel Limited to purchase the company's stock controlled by Mr. Harold Samuel, referred to in the report of Mr. Milner Holland.

Treasury consent to the borrowing of money for this purchase was required and was given. No financial assistance was given in any form.