§ Miss Boothroydasked the Secretary of State for Industry if he will list all the various financial schemes offered over the last five years to the foundry industry and the foundry industry training committee, and the actual financial support paid out.
§ Mr. Michael MarshallUnder section 8 of the 1972 Industry Act selective financial assistance has been offered to the ferrous foundry industry under the ferrous foundry scheme for approved project expenditure in the period August 1975 to August 1980. The amount paid out in grants up to May 1979 was £25 million. Similarly, assistance was and is being offered to the non-ferrous industry for approved project expenditure in the period January 1977 to March362W 1981, and grants paid out up to May 1979 amount to nearly £3 million.
I am informed by my right hon. Friend the Secretary of State for Employment that the public funds offered to the foundry industry training committee in each of the last five financial years and the amounts paid to the committee during that period were as follows:
1975–76 £ Offered Paid £ A. 595,000 558,624 B. 178,000 139,095 C. 521,225 220,125 Totals 1,294,225 917,844 1976–77 £ Offered Paid A. 706,000 614,715 B. 199,000 139,430 C. 459,500 542,400 Totals 1,364,500 1,296,545 1977–78 £ Offered Paid A. 782,680 750,124 B. 155,000 151,975 C. 658,750 551,200 Totals 1,596,430 1,453,299 1978–79 £ Offered Paid A. 934,600 814,543 B. 146,000 94,720 C. 765,000 629,350 Totals 1,845,600 1,538,613 1979–80 £ Offered Paid A. 939,000 Not yet known B. 310,000 Not yet known C. — Not yet known Totals 1,249,000 Not yet known
- A. Operating expenses.
- B. Key Training Grants.
- C. Special Training Measures during recession.*
- * The offers in respect of Special Training Measures were not made on a financial year basis.