Mr. Bob Brown
asked the Secretary of State for Trade and Industry how many industrial development certificates were applied for in Newcastle-upon-Tyne, Newburn Urban District Council area and the Northern Region in the periods January to April, 1971 and January to April, 1970, respectively.
§ Mr. Anthony Grant
Figures for industrial development certificates approved are given in the following table. There were no refusals.
have therefore welcomed the proposal of the N.F.F.C. to seek to set up a consortium in co-operation with private interests whose policy would be the new lending policy of the N.F.F.C. To help in this we have agreed to advance loans of up to a maximum of £1 million under the Cinematograph Film Production (Special Loans) Acts, 1949 to 1970 on condition that the private sector will put 23W up £3 for every £1 from public funds. The Corporation would propose to confine its attention in future to projects financed under these arrangements and its aim would be to achieve independence of Government financial support. In the meantime with the Government's backing the Corporation will negotiate medium-term private loans for the financing of certain films to which it is already committed. These loans will be repaid from receipts arising from previous investments by the Corporation.