Shipbuilding and Machine Tool Industries

HC Deb 11 December 1972 vol 848 cc17-8W

57. Mr. Varley

asked the Secretary of State for Trade and Industry if he will

EXPENDITURE INCURRED UNDER GOVERNMENT AID PROVIDED TO THE MACHINE TOOL INDUSTRY
	£'000
	1968–69	1969–70	1970–71	1971–72	1972–73 {Estimated)
The £16m. Public Sector Accelerated and Additional Order Scheme	—	—	—	—	8,000
Industrial Reorganisation Corporation (Loans and Shareholdings)	—	3,750	2,050	—	—
Industrial support and development contracts	2,224	1,789	1,754	759	300
	2,224	5,539	3,804	759	8,300

Note: The Table does not include Government supported assistance given in the normal course of business by the Sponsorship Division of the Department of Trade and Industry, the Science Research Council, the National Engineering Laboratory, the Machine Tool Industry Research Association, the Production Engineering Research Association and the Welding Institute, where the relevant figures are not readily available. Nor does it include the IRC £10m. revolving facility to British Leyland Motor Corporation aimed at stimulating investment in the machine tool industry.

ASSISTANCE TO THE SHIPBUILDING INDUSTRY 1968–72
£'000
1968–69	1969–70	1970–71	1971–72	1972–73
14,426	17,151	10,755	12,906	15,193

Notes:

1. Figures are given for financial year ending 31st March.

2. Figures for current financial year (1972–73) are given to 30th November, 1972.

3. The figures quoted above cover Shipbuilding Industry Board assistance (except for consultants' fees) to shipbuilding firms only (not marine engine builders) and any direct assistance given by the Ministry of Technology to Upper Clyde Shipbuilders and Cammel Laird and by the Department of Trade and Industry to the UCS Liquidator. They do not cover assistance for research and development, Ministry of Defence assistance to Brooke Marine and Yarrow, assistance under Northern Ireland legislation to Harland & Woolff or assistance under general legislation, e.g. investment grants and shipbuilders' relief.

list in the OFFICIAL REPORT the number of new jobs created in, respectively, the shipbuilding and machine tool industries for each month since and including January 1968.

Mr. Tom Boardman

I regret that this information is not readily available.

58. Mr. Kaufman

asked the Secretary of State for Trade and Industry if he will specify, and break down into its component parts, the amount of Government aid provided to, respectively, the machine tool and shipbuilding industries for each year since and including 1968.

Mr. Tom Boardman

The information is as follows: