§ 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.