§ Mr. Ensor
asked the President of the Board of Trade what was the amount of assistance offered under the Local Employment Acts, 1960, and 1963 in the financial years 1960–61 to 1963–64 and 1964–65, and in the period April, 1965, to January, 1966; and what employment was provided, or is estimated to be provided, by projects to which assistance was offered under these Acts in each of these periods.
Mr. Jay: The information is as follows:
Financial years 1960–64 (annual rate) 1964–65 April 1965-January 1966 inclusive (annual rate) Total assistance offered £ million 30.2 40.6 41.3 Estimated employment by firms number 38,500 60,300 94,700
Note: In the last two periods quoted there was a considerably larger proportion of grants, and a lower proportion of loans, than in the earlier four years.