§ Mr. G. Hall
asked the Chancellor of the Exchequer whether he will make a statement showing the number of new industries which have been assisted by grants from the Special Areas Reconstruction Association, the Nuffield Trust, or by Government grant; and the location of these industries, together with the amount of assistance given, and the total capital of each enterprise, with the kind of trade to be carried on in each case?
§ Sir J. Simon
I am not in a position to give any information as to the work
Area. Number of cases. Amount of loans agreed to be made by the Association. Amount of capital to be found from other sources. £ £ Durham and Tyneside … … … 19 1110,500 172,850 Cumberland … … … 5 26,650 21,500 South Wales … … … 9 102,000 277,750 Scotland … … … 6 32,500 50,500 Totals … … … 40 £271,650 £1522,600
The Treasury has so far agreed to make four loans under the provisions of Section 6 (i) 00(a) of the Special Areas (Amendment) Act, 1937, totalling £522,500; the capital to be found from other sources for the undertakings concerned amounts to £1,417,500.