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Shipbuilding Intervention Fund

Volume 960: debated on Friday 15 December 1978

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asked the Secretary of State for Industry if he will give the figure of commitments entered into by his Department in respect of the shipbuilding intervention fund for the financial year 1978–79 so far; and if he will state how much has been paid out so far from the fund in the financial year 1978–79.

During the first nine months of the 1978–79 financial year, offers of assistance from the shipbuilding intervention fund amounted to approximately £1 million. The total amount paid from the fund during the same period was £8·6 million.