HC Deb 20 January 1978 vol 942 cc406-7W
Mr. Molloy

asked the Secretary of State for Industry if he will publish details of financial aid afforded the private sector of British industry between 1970 and 1974 and 1974 and 1977; and if he will make a statement.

Mr. Alan Williams

The following table lists for the financial years 1970–71 to 1976–77 the main programmes from which assistance for the private sector has been provided, and for which my Department or its predecessor has been responsible. Most of the information is not kept in the form requested, but the major part of the expenditures listed has been in support of the private sector.

1970–71 to 1976–77
OUTTURN AT OUTTURN PRICES (NET)
£million
1970–71 (approx.) 1971–72 1972–73 1973–74 1974–75 1975–76 1976–77‡
Regional Development Grants — — 8.0 107.0 210.8 321.5 391.6
Land and Buildings* — 10.3 11.1 8.8 21.3 17.0 20.4
Regional Selective Assistance — — 0.4 25.1 35.9 49.2 23.8
Publicity* — — 0.1 0.1 0.2 0.2 0.2
Local Employment Act* 50.2 49.2 40.0 29.6 1.7 -1.2 -7.8
Industrial Research Establishments 7.0 11.1 12.3 12.4 15.1 18.4 16.4
R & D Contracts 6.1 6.4 6.5 9.9 13.7 16.1 19.4
National Research Development Corporation 4.2 1.7 -1.5 0.9 -0.9 — -5.0
Technological and Industrial Sponsorship 4.1 1.6 3.6 3.7 3.9 7.3 6.8
Air R & D† 24.2 10.4 13.4 15.8 19.7 18.9 17.9
Concorde 64.5 78.0 76.5 75.8 82.2 80.9 48.8
RB211 11.9 69.0 50.1 18.2 38.5 -1.2 9.8
Other Air Assistance 35.8 25.0 -3.0 33.5 26.4 92.9 -0.3
National Space† — 5.7 5.6 4.7 2.6 2.6 3.0
international Space† — 2.3 2.5 7.0 14.9 22.8 31.5
Selective Financial Assistance to Individual Firms etc — — 8.8 15.8 21.1 310.5 84.9
Refinancing of Home Shipbuilding Lending — — 50.0 95.0 97.0 104.7 71.0
Shipbuilding Assistance 0.5 7.1 17.3 24.5 54.4 29.7 14.2
Other Support Services 31.9 -27.6 -26.7 -22.3 1.1 -5.2 -3.6
Investment Grants 579.0 460.9 328.7 224.7 114.6 68.5 25.6
National Enterprise Board — — — — — 12.2 157.7
Other Compensation (Redundant Steelworkers) — — — 0.1 2.2 1.8 2.2
819.4 711.1 603.7 690.3 776.4 1,167.6 928.5
*£50.2 million was the total net expenditure for these three programmes in 1970–71.
† £24.2 million was the total net expenditure for these three programmes in 1970–71.
‡Provisional.
Because of departmental and presentational changes, the figures for 1970–71 are approx[...]mate [...] some cases.

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