HC Deb 20 February 1978 vol 944 cc474-6W
15. Mr. Madden

asked the Secretary of State for Industry what is his estimate of the total of financial assistance likely to be paid by his Department to private industry for the forthcoming financial year.

Mr. Cryer

The 1978–79 provision for my Department, included in Programme 4 of "The Government's Expenditure Plans", Cmnd. 7049—Volume II, was £1,162 million net of receipts, at 1977 survey prices. Most of this expenditure is in support of private industry. Detailed forecasts for 1978–79 wil lappear in the Supply Estimates in the normal way.

Mr. Woof

asked the Secretary of State for Industry if he will publish in the Official Report a table of the level of State aid to industry for each year since 1974, showing loans and grants separately for, respectively, investment grants, local employment acts, regional employment premium, export rebates, export credit guarantees, military aerospace research and development, civil aerospace and other research and development, shipbuilding, agriculture, fisheries and forestry.

Mr. Cryer

The following is the information relating to those items of expenditure listed for which my Department is responsible. Further details of aid to industry can be found in Part 2 of the White Paper "The Government's Expenditure Plans 1978–79 to 1981–82" (Cmnd.7049—II).

DEPARTMENT OF INDUSTRY EXPENDITURE
£ million (1977 survey prices) (net)
1974–75 1975–76 1976–77 1977–78
Loans Grants Others Loans Grants Others Loans Grants Others Loans Grants others
Investment Grants … … … … — 169.0 — — 79.8 — — 25.5 — — 7.0 —
Local Employment Acts … … … -17.5 26.6 — -12.7 13.8 — -10.1 3.6 — -6.3 0.2 —
Civil Aerospace:
Aircraft and Aeroengines R & D … — — 28.9 — — 22.0 — — 19.9 — — 15.7
Concorde … … … … — — 119.3 — — 94.8 — — 48.9 — — 41.2
RB 211 … … … … … -1.9 — 77.0 -3.8 — 1.0 -2.3 — 12.1 -0.9 — -1.4
Other Air Projects and Assistance … 6.0 — 23.3 27.7 — 65.6 -6.0 — 5.7 — — 3.4
National space … … … — — 3.3 — — 3.1 — — 3.0 — — 3.3
International space … … … — 22.0 0.1 — 26.4 — — 31.5 — — 29.2 —
Total Civil Aerospace … … 4.1 22.0 251.9 23.9 26.4 186.5 -8.3 31.5 89.6 -0.9 29.2 62.2
Other Research and Development:
Industrial Research Establishment … — — 22.4 — — 20.9 — — 18.5 — — 18.8
Industrial R & D contracts … … — 1.8 17.1 — 0.5 17.6 — — 19.3 — — 22.1
National Research Development Corporation … … … … -1.7 — 0.2 — — — -5.5 — — — — —
Technological and Industrial Sponsorship … … … … … — — 5.5 — — 8.4 — — 6.8 — — 10.4
Total Other Research and Developement … … … -1.7 1.8 45.2 — 0.5 46.9 -5.5 — 44.6 — — 51.3
Shipbuilding:
Refinancing of home shipbuilding Lending … … … … 127.0 — — 104.7 — — 71.0 — — -43.0 — —
Shipbuilding Interest Support Costs — — 52.2 — — 39.0 — — 50.5 — — 26.4
Assistance to the Shipbuilding Industry 26.8 — 43.1 17.0 — 18.6 5.5 — 8.7 1.2 4.6 35.4
Total Shipbuilding … … 153.8 — 95.3 121.7 — 57.6 76.5 — 59.2 -41.8 4.6 61.8
Sub-Total … … … 138.7 219.4 392.4 132.9 120.5 291.0 52.6 60.6 193.4 -49.0 41.0 175.3
Other Department of Industry Expenditure 33.5 320.6 93.3 26.2 377.3 423.9 148.3 395.2 149.7 191.4 387.5 170.0
Total Department of Industry Expenditure 172.2 540.0 485.7 159.1 497.8 714.9 200.9 455.8 343.1 142.4 428.5 345.3
Note: All figure relate to programme 4 (Trade, Industry and Employment)of the White paper Cmnd. 7049.