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Ford Motor Company: Subsidy

Volume 570: debated on Thursday 14 March 1996

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asked Her Majesty's Government:Further to their written reply (H.L. Deb, 16th October 1995, col.

WA 71), whether they have yet secured the permission of the Commission of the European Union to pay the proposed subsidy of £80 million to the Ford Motor Company in order to secure the expansion of the capacity of the Jaguar car company.

A favourable decision by the Commission is expected very shortly.A small portion of the package of support will remain to be clarified but it is not expected that this will cause difficulties with the Commission.