§ 4. Mr. Dalyellasked the Chancellor of the Exchequer what was the value of total Government help to industry in Scotland in 1963, 1965 and 1967, respectively.
§ Mr. DiamondThe identifiable financial assistance, excluding agriculture and fishing, was, in the respective financial years,£7 million,£8 million and£79 million.
§ Mr. DalyellWhatever 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. DiamondIt 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 CampbellDoes the reply take into account the investment and depreciation allowances which formed one of the methods being used in 1963?
§ Mr. DiamondNo, it does not take depreciation allowances into account. It takes into account investment grants.