HC Deb 09 May 1977 vol 931 c346W
Mr. Grylls

asked the Secretary of State for Industry if he will list all payments made under Section 8 of the Industry Act 1972 from 1st March 1974 to 30th April 1977, listing payments to individual companies and payments under schemes of assistance.

Mr. Cryer

Payments under Section 8 of the Industry Act 1972 between 1st March 1974 and 30th April 1977 are as follows:

Individual Companies Payments (£m)
Norton Villiers Triumph 0.275
Kearney & Trecker Marwin 6.250
Meriden Co-operative 4.954
Moira 0.120
Automatic Oil Tools 0.500
Cambridge Instruments Co. Ltd 4.500
Salvesen Offshore Drilling 0.490
Dri-Co 0.500
Alfred Herbert 26.200
Chrysler (UK) Ltd 41.500*
Seaforth Maritime 0.950
British Leyland 30.000
Drake & Cubitt Ltd 0.598
Wolverhampton Industrial Engines 0.200
Schemes of Assistance
Accelerated Project Scheme 6.748
Offshore Supplies Interest Relief Grant Scheme 6.165
Wool Textile (I) 11.432
Clothing Industry 0.320
Ferrous Foundry 3.665
Machine Tools 0.564
Paper and Board 0.125
Poultry Meat 0.063
* This figure represents payments made under clause 2(6) of the Agreement with Chrysler dated 5th January 1976. Additionally, certain advances in respect of the guaranteed loan have been made in accordance with clause 5 of the agreement. For confidentiality reasons I am not prepared to disclose the amount of the advances.