§ 82. Mr. Elwyn Jonesasked the Minister of Supply to what extent the Exchequer subsidy to the iron and steel industry is reduced by the Control of Iron and Steel (No. 64) Order; and how much Exchequer subsidy is still being paid in respect of iron and steel.
§ Mr. G. R. StraussBy this order the industry will itself bear £2,250,000 of the former subsidy. The subsidy will now be about £22 million a year, of which £9 million is in respect of imports of iron and steel.