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Court Line Companies

Volume 886: debated on Friday 14 February 1975

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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.

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
IREs and Computer-Aided Design Centre7·58·410·3
R & D contracts and other extra-mural expenditure3·43·74·3
Technological and industrial sponsorship0·41·88·5
International Computers (Holdings) Ltd
IREs and Computer-Aided Design Centre9·89·811·0
R & D contracts and other extra-mural expenditure4·04·34·6
Technological and Industrial Sponsorship4·94·54·7
International Computers (Holdings) Ltd.
IREs and Computer-Aided Design Centre11·212·613·2
R & D contracts and other extra-mural expenditure4·44·37·3
Technological and Industrial Sponsorship3·05·05·2
International Computers (Holdings) Ltd.8·89·5
Grand Total£190·4m.
Annual average£21·2m.
The powers in the Act also cover support to the Agricultural, Medical, Natural Environment, Science and Social Science Research Councils, all of which are the responsibility of the Department of Education and Science, and some expenditure by other Government Departments, including energy research by the Department of Energy and work on weights and measures by the Department of Prices and Consumer Protection.

in what is obviously an on-going situation.