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Platt Saco Lovell

Volume 979: debated on Thursday 28 February 1980

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asked the Secretary of State for Industry what loans or grants Platt Saco Lovell has received in each of the last five years under industrial aid schemes; which schemes were involved in each case and what sum per year under each scheme; and what information he has about how the money was spent in each case.

Offers totalling £2,941,809 were made to this company in 1978 under the textile machinery industry scheme, to assist the company to restructure its manufacturing facilities in Lancashire. I regret that it is not the practice to publish additional information in individual cases for reasons of commercial confidentiality.