§ Mr. Jenkinsasked the Economic Secretary to the Treasury the number of companies which have received loans from the Development Areas Treasury Advisory Committee since the end of the war; what are the principal industrial categories into which these companies fall; what has been the average amount of the loans; and how many bad debts have so far been incurred.
§ Mr. JayAt 1st July, 1948, the Treasury had contracted to make loans under S.4 of the Distribution of Industry Act to 16 companies amounting to £852,700. Of this, £531,450 has so far been advanced. The borrowers cover a wide variety of industry. No losses have yet been incurred.