§ Mr. Bessellasked Chancellor of the Exchequer if he will introduce legislation to enable the Treasury to claim funds in the Bank of England which remain unclaimed for more than 50 years.
£ million 1964–65 1965–66 1966–67 1967–68 1968–69 Agriculture Grams and Subsidies … 264 235 227 259 264 Net lending … — — — — — Total … 264 235 227 259 264 Assistance to Private Industry (1) Subsidies (2) … — 1 43 168 168 Grants (3) … 23 19 23 329 456 Net lending … 35 34 13 14 63 Total … 58 54 79 511 687 (1) A negligible amount of expenditure by local authorities is excluded. (2) These figures include selective employment tax additional payments and regional employment premiums amounting in total to £41 million in 1966–67, £165 million in 1967–68 and £156 million in 1968–69. (3) These figures include investment grants of £301 million in 1967-68 and £432 million in 1968-69. Investment grants replaced the previous system of investment allowances, which, being an offset to tax, are not included in the Table.