Small Engineering Firms Investment Scheme

Part of Oral Answers to Questions — Industry – in the House of Commons at 12:00 am on 14th February 1983.

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Photo of Mr Michael Grylls Mr Michael Grylls , Surrey North West 12:00 am, 14th February 1983

Does my hon. Friend agree that it is astonishing that, when the Department of Industry hits on a scheme that is successful and receives much interest from small firms, it promptly stops it? Does he further agree that that cannot be because of a shortage of money, as the Government had no difficulty in finding £100 million to force the British Steel Corporation to keep open its works at Ravenscraig? Does he agree that the money exists?