Skip to main content

British Shipbuilders (Subsidies)

Volume 84: debated on Wednesday 30 October 1985

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Trade and Industry if he will list for each year since 1979–80 the

Government subsidy for British Shipbuilders* (£ million)267150153114220154
Percentage of sales value of work done32·816·714·910·424·817·3
Subsidy per employee (£)3,3382,1432,2971,7703,7803,359
* Intervention fund assistance and payments of public dividend capital to British Shipbuilders.
Includes public dividend capital provided to permit a repayment of a £55 million loan from the National Loans Fund.
Excludes the cost of the sale of Scott Lithgow Ltd. to Trafalgar House Ltd. in March 1984.