HC Deb 17 May 1972 vol 837 cc126-7W
Mr. Mason

asked the Secretary of State for Trade and Industry what was the total financial assistance given to British shipbuilding annually over the last 10 years.

Mr. Anthony Grant

The figures given below only include special assistance direct from Government to shipbuilding companies since 1965 (including special assistance from the Northern Ireland Government to Harland & Wolff) as well as assistance to shipbuilding companies provided under the Shipbuilding Industry Act since 1967. They do not include shipbuilders' relief (a rebate of indirect taxation), import duty relief, assistance with R and D or assistance received under general measures of support for industry. The shipbuilding industry also benefited from the temporary Home Shipbuilding Credit Scheme of 1963 and from the

Financial Year
1965–66 1966–67 1967–68 1968–69 1969–70 1970–71 1971–72
Assistance (£ million) 1.5 3.5 3.6 11.4 20.2 20.8 15.0