HC Deb 28 October 1976 vol 918 c369W
Mrs. Wise

asked the Secretary of State for Industry how many jobs have been saved to date by the giving of financial assistance to Meriden Workers' Co-operative; and what was the cost per job to public funds.

Mr. Alan Williams

About 700 are currently employed by the co-operative at Meriden. Total assistance provided to the co-operative under the Industry Act 1972 is £4.95 million of which £4.2 million was provided as a loan and £0.75 million as a grant.