HC Deb 05 February 1963 vol 671 cc39-40W
Mr. Mapp

asked the President of the Board of Trade if he will give the total value of claims submitted and the amount of financial assistance paid at the latest available date in respect of textile machinery installed under the Cotton Industry Act 1959.

Mr. Erroll

The total value of claims for grant submitted by 31st January involved expenditure by the firms of £24,377,163. Grant of one-quarter of eligible expenditure is payable from public funds against approved claims, and £4,155,072 has now been paid out. These figures include the installation of new machinery and the modernisation of existing machinery.

Back to