HC Deb 22 March 1932 vol 263 cc893-4W
Mr. N. MACLEAN

asked the Minister of Agriculture how many of the factories in receipt of the beet-sugar subsidy are financed and/or controlled by foreign companies; and the amount of the subsidy received by them and what percentage the amount returns upon their capital?

Sir J. GILMOUR

The total capitalisation of British beet-sugar factories as at 31st March, 1931, was £7,243,468. I understand that of this total about 20 per cent. is held by other than British nationals, but I am unable to give the hon. Member more detailed particulars. Subsidy payments up to and including the 1930–31 season amounted to approximately £22,368,000.