HC Deb 11 June 1969 vol 784 cc263-4W
69. Mr. William Hamilton

asked the Secretary of State for Economic Affairs what was the total financial assistance given to development areas or districts, including investment allowances, free depreciation, expenditure under the Local Employment Acts, selective employment tax premium, regional employment premium, and investment grants in 1962–63, 1963–64, and 1967–68, respectively; and what is the estimate for 1968–69.

Mr. Urwin

Preferential assistance to industry on a regional basis was approximately £24 million and £17 million in 1962–63 and 1963–64 respectively. No regional details of investment allowances are available. It was £158 million in 1967–68 and the provisional estimate for 1968–69 is £268 million.