HC Deb 09 December 1992 vol 215 c675W
Mr. Barry Jones

To ask the President of the Board of Trade what assistance he has given for new manufacturing plant and development to(a) United Kingdom-owned companies and (b) foreign-based companies for each year since 1979.

Mr. Sainsbury

Complete information has not been recorded in the form and over the period requested. However, since 1979, the following amounts have been paid under regional selective assistance and, from November 1984, the revised regional development grant scheme, to United Kingdom and foreign-owned companies respectively towards projects involving new manufacturing plant in Great Britain:

£ million
UK-owned companies Foreign-owned companies
1979–80 7.6 16.1
1980–81 9.6 5.1
1981–82 11.5 4.6
1982–83 14.7 10.6
1983–84 15.0 11.1
1984–85 18.5 12.5
1985–86 53.1 17.2
1986–87 133.2 19.6
1987–88 154.5 40.0
1988–89 227.1 58.2
1989–90 162.0 54.0
1990–91 116.6 41.4
1991–92 54.6 61.4

Notes:

(1) Payments towards new manufacturing plant under the original Regional Development Grant scheme could only be included at disproportionate cost.

(2) Excludes payments towards, (i) new manufacturing plant under Section 8 of the Industrial Development Act 1982 and (ii) development.

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