HC Deb 05 March 1969 vol 779 cc101-2W
37. Mr. Willey

asked the Minister of Technology what are the amounts of grants and loans, respectively, made to Wear shipyards under the Shipbuilding Industry Act, 1967.

Mr. Fowler

A grant of £12,600 has been made to one shipbuilding undertaking on the Wear under Section 2 of the Act. No grants or loans have been made under Sections 3 and 4 to Wear shipbuilders.

38. Mr. Willey

asked the Minister of Technology what is the amount of the assistance provided or promised under the Shipbuilding industry Acts to the shipbuilding industry on the North-East Coast.

Mr. Fowler

Grants totalling £34,758 have been paid to shipbuilders on the North East Coast under Section 2 of the Act. Grants have also been made or promised under Section 3. For reasons of commercial confidence I am unable to give details of these grants at present except the grant of £1 million to Swan Hunter Shipbuilders Ltd., in respect of the integration of the Furness shipyard within their Group, which has already been announced. No loans have been provided or promised to North East shipbuilders under Section 4 of the Act.