HC Deb 23 June 1959 vol 607 cc1000-1
6. Mr. Swingler

asked the Chancellor of the Exchequer if he will publish a complete list of all industrial concerns, research associations, and other similar bodies in receipt of State-guaranteed loans.

Mr. Amory

I would refer the hon. Member to pages 66–71 of the Finance Accounts of the United Kingdom, 1957–58, which show the position on 31st March, 1958. If he requires any more details, perhaps he will put another Question down.

Mr. Swingler

Would not the Chancellor agree to consider collating the information, as it is important that the public should know the multifarious ways private industry is being supported by subsidies, research, and grants from public funds? Would he also consider publishing a White Paper on the extent to which private industry is getting a shot in the arm?

Mr. Amory

The hon. Gentleman will find that these are relatively small figures, but if he is not happy about them and thinks they can be summarised in any better way, perhaps he will write to me or put down a further Question. I shall be glad to consider any suggestions which are made.

Mr. Nabarro

Has my right hon. Friend not observed the extent to which public corporations and nationalised industries are subsidised by taxpayers' money to offset their huge losses?

Mr. Amory

That fact does come to my notice.