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Mr. Chope
asked the Secretary of State for Trade and Industry whether he will make a statement on the latest position concerning the privatisation of Vosper Shiprepairers.
Mr. Butcher
British Shipbuilders is still negotiating with potential purchasers of Vosper Shiprepairers but it made clear in its evidence to the Trade and Industry Select Committee on 24 July that it will close the yard if it is unable to sell it.