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Volume 981: debated on Monday 17 March 1980

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asked the Secretary of State for Industry (1) what recent discussions he has had with the chairman of Rolls-Royce concerning the financial loss in 1979 of £100 million; and if he will make a statement;(2) what are the Government's proposals for making good the deficit of £100 million incurred by Rolls-Royce in 1979; and if he will make a statement.

I understand that the preparation of Rolls-Royce accounts for 1979 is not yet complete. I can, therefore, make no comment.