Skip to main content

Rolls-Royce Plc

Volume 114: debated on Monday 6 April 1987

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, further to his answer to the right hon. Member for Glasgow, Govan on 16 February, Official Report, column 438, he will now state the total cost to the Government of the RB211–22B programme of Rolls-Royce plc and the total Government receipts from that programme.

The total cost of the RB211–22B programme to Government was £537 million. Under the arrangements applying to the programme, the Government took all receipts for the first 555 engines, totalling £334 million. Commercial exploitation levies are payable on subsequent sales of engines and sales of spares. Total receipts to date are approximately £340 million.