HC Deb 03 February 1983 vol 36 cc179-80W
Mr. Alec Jones

asked the Secretary of State for Wales if he will estimate the number of jobs created and saved by selective financial assistance under sections 7 and 8 of the Industry Act 1972 in Wales in each year since 1978.

Mr. Nicholas Edwards

Projects in Wales for which offers of selective financial assistance under section 7 of the Industry Act 1972 were accepted during the years in question are expected to provide or safeguard the number of jobs shown in the following table. Assistance under section 8 is not related to the provision of jobs.

Jobs provided Jobs safeguarded
1978 6,607 1,074
1979 9,738 2,235
1980 6,294 912
1981 7,257 4,324
1982 6,449 4,144

Mr. Alec Jones

asked the Secretary of State for Wales if he will publish a table showing details of selective financial assistance accepted under sections 7 and 8, respectively, of the Industry Act 1972 in Wales in each year since 1978.

Mr. Nicholas Edwards

The following table gives details of the number and value of selective financial assistance offers under sections 7 and 8 of the Industry Act 1972 which were accepted in respect of projects in Wales during the relevant period.

Section 7 Section 8
Number Value £000 Number Value £000
1978 134 8,499 26 2,000
1979 177 15,511 61 1,110
1980 89 15,714 67 19,000
1981 117 19,891 24 477
1982 165 24,863 11 585

The 1982 figures for section 8 relate to the period 1 January 1982 to 30 November 1982.