B.O.A.C. (Accumulated Deficit)

Part of Oral Answers to Questions — Ministry of Aviation – in the House of Commons at 12:00 am on 8 July 1964.

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Photo of Mr Jon Rankin Mr Jon Rankin , Glasgow Govan 12:00, 8 July 1964

Is the right hon. Gentleman aware that we have waited for a long while, and can he this afternoon give us a little encouragement and an indication of what his attitude is? Does he agree with the Select Committee's contention that there can be no financial reality in B.O.A.C.'s returns till this legacy of the past is removed? Does he think it must be removed at some time or another? Does he not think that now is the right time to do so?