Short Brothers plc

Part of the debate – in the House of Commons at 3:31 pm on 7th June 1989.

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Photo of Mr Giles Shaw Mr Giles Shaw , Pudsey 3:31 pm, 7th June 1989

May I add my congratulations to those received by my right hon. Friend and his team on his second excellent announcement after his statement on Harland recently? It is little short of miraculous that he has been able to bring those two difficulties safely home at this time. May I remind him, if he needs reminding, that the £780 million which he has now disclosed as the dowry for this enterprise is a direct reflection of the real problems of public sector competition in the aerospace industry? Is he satisfied that Bombardier has the capital resources as well as the immediate resources to find £30 million of share capital to enable development to continue? Finally, will he emphasise still further Short's relationship with the MOD in vital defence operations?