ABSTRACT
It was now crunch time in Whitehall. The proposed price of the project was now £417 million, of which the value of goods and services eligible for UK financing was £308 million. If it were to be a mixed credit, this would require an ATP grant of £108 million. The government now had to decide whether or not to confirm this grant. Formally, the offer had lapsed on 17 October; but there was nothing to stop it being reinstated if ministers so wished.
