HC Deb 21 June 1974 vol 875 c292W
Mr. Churchill

asked the Secretary of State for Industry what was the total Government subsidy to private industry for each of the years since 1970, excepting only payments made under the Government's regional aid policy.

Mr. Benn

Excluding expenditure under the regional support and regeneration programme, and the investment grants regional differential, total Government assistance to private industry during the period 1970–71 to 1973–74, in net terms, was as follows:

£ million
1970–71 652
1971–72 590
1972–73 426
1973–74 399