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 James Cran Mr James Cran , Beverley 3:31 pm, 7th June 1989

I too would like to congratulate my right hon. Friend on achieving what I consider to be the impossible, given the hearings we had in the Select Committee on Trade and Industry and especially against the background of the many fears that were expressed, none of which has come to fruition. Does my right hon. Friend not agree that this has been far too long in the coming, given that the Government announced their intention to privatise in 1984? I welcome the amount of public funds going into this venture because of its special nature. However, will my right hon. Friend illuminate for the House what the company itself is putting into future investment, aside from the £30 million in equity participation?