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British Leyland

Volume 981: debated on Monday 24 March 1980

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9.

asked the Secretary of State for Industry how much British Leyland received from public funds between 1974 and 1979.

In the period in question, and since the restructuring of BLMC in 1975, the total amount of public funds received by BL, excluding small amounts of public funds committed under various schemes of assistance available to industry generally, is £950 million. BL has also benefited financially from the setting up of wholesale vehicle finance of which the National Enterprise Board is the major shareholder and to which a maximum of £25 million of public funds has been committed. On 20 December 1979 my right hon. Friend announced the Government's commitment to the provision of up to £300 million of additional funds to BL in 1980–81.

30.

asked the Secretary of State for Industry if he will make a statement on BL Ltd.

I have nothing to add to the statement which my right hon. Friend made in the House on 20 December 1979.

32.

asked the Secretary of State for Industry when next he plans to meet the chairman of BL.

My right hon. Friend meets the chairman of BL as and when the need arises.