§ Mr. Nicholas Edwardsasked the Secretary of State for Industry how many applications from Wales for selective assistance under the Industry Act were (a) received and (b) granted during 1973 and 1974; and how much was disbursed as a result.
§ Mr. Gregor MackenzieThe information is as follows:
advance factories, that were allocated in Wales in 1974. When these projects are fully manned the occupiers estimate that 1,000 persons—700 males—will be employed.
§ Mr. Nicholas Edwardsasked the Secretary of State for Industry how many new 107W jobs were created in Wales in 1973–74 and 1974–75 through projects assisted under the Local Employment Acts and the Industry Act; and what was the average cost per job.
§ Mr. Gregor MackenzieThe numbers of new jobs estimated to arise from projects in Wales on which assistance has been offered under the Local Employment Acts and Section 7 of the Industry Act are as follows. In calculating the average cost per job under Section 7 of the Industry Act the equivalent notional loan value has been used where interest relief grants were offered.
number of jobs Average cost per job £ 1973–74: Local Employment Acts 5,095 1,867 Industry Act 10,970 2,382 1974–75: Local Employment Acts 6,949 2,336 Industry Act 12,221 2,613 Employment is also being created through payments of regional development grant under Part I of the Industry Act.