§ 2. Mr. Fletcher-Cooke
asked the Secretary of State for Economic Affairs what surveys he has made to assess the effects of present regional policies upon the grey areas.
§ The Secretary of State for Economic Affairs (Mr. Peter Shore)
Studies by the Government and, in respect of particular areas, by regional boards and councils led to the setting up last year of the Hunt Committee to carry out a searching analysis of the problems of all areas whose rate of economic growth gives cause for concern. While awaiting the report of that Committee I am continuing to watch closely developments in all areas.
§ Mr. Fletcher-Cooke
Has the right hon. Gentleman seen and studied an article by his right hon. Friend the Member for Battersea, North (Mr. Jay) on the subject of giving subsidies directly to private industries? Would he not agree with his right hon. Friend that it is far superior to support the infra-structure by public expenditure than give subsidies to private concerns?
§ Mr. Patrick Jenkin
Is it the right hon. Gentleman's policy that this direct financial aid to firms should have the result of preventing from closing down firms which otherwise would have closed down?