Meeting of the Parliament 03 March 2026 [Draft]
I can unequivocally say that the orders are not dependent on the distribution of the £14.2 million, but we know that that can run alongside the projects. In my earlier answer to Edward Mountain, I was referring to the fact that we need to be able to demonstrate income if we are going to provide funding—that is a fairly basic element of subsidy control. We cannot simply give funding without there being an obvious source of revenue for the yard. That is the point that I was making—it is not that the vessels are dependent on the £14.2 million.
With regard to the announcement today, I have announced our proposal to directly award four new vessels—to which I have referred—to Ferguson Marine. Any award proceeds following the completion of detailed legal, commercial and subsidy control assessments—that is a fairly ordinary, normal part of the work that Government does, and engagement with the CMA forms part of that process. We are setting out today our proposal to directly award four new vessels to the yard, so that is not really up for debate.