HC Deb 26 November 1968 vol 774 cc271-2
4. Mr. Dalyell

asked the Chancellor of the Exchequer what was the value of total Government help to industry in Scotland in 1963, 1965 and 1967, respectively.

Mr. Diamond

The identifiable financial assistance, excluding agriculture and fishing, was, in the respective financial years,£7 million,£8 million and£79 million.

Mr. Dalyell

Whatever the Opposition's thoughts might be about cutting down help to factories in development areas, is it not a fact that figures of this kind provide the explanation for the dramatically improved youth employment situation in Scotland, details of which we were given yesterday?

Mr. Diamond

It is a dramatic improvement. I can help my hon. Friend further by adding that, in comparison with Great Britain as a whole, about 15 per cent.—that is, as compared with 10 per cent. on a population basis—of the identifiable assistance went to Scotland.

Mr. Gordon Campbell

Does the reply take into account the investment and depreciation allowances which formed one of the methods being used in 1963?

Mr. Diamond

No, it does not take depreciation allowances into account. It takes into account investment grants.