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Mr. Trotter
asked the Secretary of State for Industry what progress has been made in the arrangements to govern the provision to him of information of former Court Line companies, mentioned in his letter of 19th September 1974 as requiring settlement as soon as possible.
Mr. Meacher
Arising from the Letter of Understanding of 19th September 1974 with each of the shipbuilding and ship repairing companies of the former Court Line group, my Department now receives cash flows, balance sheets, profit and loss accounts and production figures on a regular basis. Additionally, there is very frequent contact between the officials of my Department and the companies
£m. Outturn prices | |||||||||||
1965–66 | 1966–67 | 1967–68 | |||||||||
IREs and Computer-Aided Design Centre | … | … | … | 7·5 | 8·4 | 10·3 | |||||
R & D contracts and other extra-mural expenditure | … | … | 3·4 | 3·7 | 4·3 | ||||||
Technological and industrial sponsorship | … | … | … | 0·4 | 1·8 | 8·5 | |||||
International Computers (Holdings) Ltd | … | … | … | — | — | — | |||||
Totals | … | … | … | … | … | … | … | … | 11·3 | 13·9 | 23·1 |
1968–69 | 1969–70 | 1970–71 | |||||||||
IREs and Computer-Aided Design Centre | … | … | … | 9·8 | 9·8 | 11·0 | |||||
R & D contracts and other extra-mural expenditure | … | … | 4·0 | 4·3 | 4·6 | ||||||
Technological and Industrial Sponsorship | … | … | … | 4·9 | 4·5 | 4·7 | |||||
International Computers (Holdings) Ltd. | … | … | … | — | — | — | |||||
Totals | … | … | … | … | … | … | … | … | 18·7 | 18·6 | 20·3 |
1971–72 | 1972–73 | 1973–74 | |||||||||
IREs and Computer-Aided Design Centre | … | … | … | 11·2 | 12·6 | 13·2 | |||||
R & D contracts and other extra-mural expenditure | … | … | 4·4 | 4·3 | 7·3 | ||||||
Technological and Industrial Sponsorship | … | … | … | 3·0 | 5·0 | 5·2 | |||||
International Computers (Holdings) Ltd. | … | … | … | — | 8·8 | 9·5 | |||||
Totals | … | … | … | … | … | … | … | … | 18·6 | 30·7 | 35·2 |
Grand Total | … | … | … | … | … | … | £190·4m. | ||||
Annual average | … | … | … | … | … | … | £21·2m. |
in what is obviously an on-going situation.