§ Captain Kerby
asked the Minister of Technology whether, in accord with his policy in regard to Concorde, he will maintain a close scrutiny of the costs of Beagle Aircraft Limited, which, while being wholly owned by Her Majesty's Government, operates as an ordinary commercial enterprise, and in which large sums of public money are invested.
§ Mr. Carmichael
In its capacity as sole shareholder the Government examines and approves, in general terms, proposals by Beagle's Board of Directors for its future programme of work. The execution of the programme is thereafter the responsibility of the company's Board and is not monitored in detail by H.M.G. on a project basis although we do of course maintain a continuing general surveillance of the company's progress.