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British Shipbuilders

Volume 981: debated on Tuesday 18 March 1980

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asked the Secretary of State for Industry what is his latest estimate of the aggregate cost to public funds of subsidies payable to British Shipbuilders to cover losses to be incurred on orders bought from Geest Industries and Overseas Containers Limited, respectively.

Assistance from the intervention fund is being provided in respect of the Geest orders, but it is not the practice to disclose the amount of assistance for individual orders. Credit facilities under the home credit scheme are available for both orders.

asked the Secretary of State for Industry, in view of the fact that these appointments are due to expire this month, when he will be able to announce the appointments for chairman and deputy chairman of British Shipbuilders.

My right hon. Friend is considering candidates for the chairmanship of British Shipbuilders. Admiral Sir Anthony Griffin's present term expires on 21 March 1980, and he has made known his wish to retire as chairman. He has, however, agreed to accept reappointment until the end of June 1980 pending the appointment of his successor.My right hon. Friend has reappointed Mr. Ken Griffin as deputy chairman for a period of three years from 23 March 1980.