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C P Trim Limited

Volume 983: debated on Monday 28 April 1980

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asked the Secretary of State for Northern Ireland what is the financial contribution to C. P. Trim Ltd. in (a) grants by the Department of Commerce and (b) equity participation through the Northern Ireland Development Agency; what safeguards are being invoked through reports and directors on the board; and if he will make a statement.

[pursuant to his reply, 23 April 1980, c. 202–3]: It is not the Government's normal practice to disclose the amount and form of financial assistance provided to individual companies in Northern Ireland. Nor is it normal practice to give information about the precise nature of terms and conditions attaching to assistance. However, these matters are currently under review, and should the review alter this practice I shall write to the hon. Member. Meanwhile, I can assure the hon. Member that suitable safeguards are included in all offers of Government assistance.Details of investment in individual projects by the Northern Ireland Development Agency are a matter for the agency and are published in its annual report.