HC Deb 19 October 1981 vol 10 cc44-5W
Mr. Chris Patten

asked the Secretary of State for Industry how much assistance has been provided to companies under the provisions of the Industry Act 1972 in each year since it became law; and how much is expected to be provided in the current financial year.

Mr. MacGregor:

The following assistance has been made available under parts I and II of the Industry Act 1972 to companies in Great Britain as follows:

Part 1
Payments of Regional Developments Grant £M at current prices
1972–73 8.1
1973–74 107.2
1974–75 212.8
1975–76 324.9
1976–77 407.7
1977–78 393.4
1978–79 417.0
1979–80 330.8
1980–81 490.5
April-Sept 1981 308.1
Part II
Section 7: Offers of Regional Selective Assistance £M at current prices
1972–73 9.5
1973–74 56.3
1974–75 70.8
1975–76 79.1
Section 7: Offers of Regional Selective Assistance £M at current prices
1976舑77 82.4
1977舑78 162.2
1978舑79 113.5
1979舑80 152.2
1980舑81 119.6
April-Aug 1981 57.3

Part III

Section 8: Offers of Selective Assistance £M at current prices
1972舑73 舒
1973舑74 0.1
1974舑75 7.7
1975舑76 36.9
1976舑77 99.3
1977舑78 106.4
1978舑79 162.8
1979舑80 71.2
1980舑81 36.7
April-Aug 1981 10.4

Estimated gross expenditure for 1981舑82

Part I £M at current prices
Regional Developments Grants 483.0
Part II
Section 7 61.2
Section 8 89.1