67. Mr. DAVIDSON
asked the Chancellor of the Exchequer the total amount granted in subsidies, indirect and direct, to industry in Scotland, England, and Wales, respectively?
As the answer is rather long and contains a number of figures, I will, with the hon. Member's permission, circulate it in the OFFICIAL REPORT.
In view of the fact that a greatly increased sum is now being paid out for Poor Law relief in the country, has the right hon. Gentleman any information that these subsidies are being used to the greatest advantage?
§ Following is the answer:
§ The approximate amounts for the current financial year are as follow:
|England and Wales||9,402,000|
§ In addition, grants totalling £1,660,000 have been provided in respect of which no allocation is possible. Allocation between England and Wales is possible only to a limited extent without a disproportionate expenditure of time and money, and any figures which could be given would only be misleading. The above figures do not include anything in respect of the operation of import duties, derating, and Government guarantees, the benefits from which it is not possible to express in terms of money, or of other forms of indirect financial assistance not in the nature of subsidy.