§ 85. Mr. Daggarasked the Financial Secretary to the Treasury if he will give the total amount of subsidy, grants, etc., given to the various industries for each year since 1938–39.
§ Mr. Glenvil HallI will circulate a table in the OFFICIAL REPORT showing the
SUBSIDIES TO INDUSTRIES 1946–47, 1947–48, 1948–49 — Actuals 1946–47 Actuals 1947–48 Voted 1948–49 £ £ £ Iron and Steel … … … 7,673,500 7,938,000 3,250,000 Ferro-chrome … … … 75,000 64,890 100,000 Magnesium … … … 335,790 107,000 Nil Aluminium … … … 953,100 Nil Nil Watchmaking and Jewel manufacturing … … … 76,880 181,130 280,000 Cotton spinning … … … — — 600,000 Coal stocking … … … 346,106 154,791 380,000 Fuel oils and Kerosene … … … 622,695 1,227,204 25,000 Canals and Canal Carriers … … … 788,470 1,411,190 300,000 Coastal shipping … … … 476,565 636,868 676,600 Agriculture … … … 9,886,000 12,895,000 23,890,000 Herring industry … … … 24,000 30,000 306,000 Civil Aviation … … … 10,556,033 9,960,000 7,500,000
NOTE.—The above list shows for 1946–47 and 1947–48 actual subsidies, and for 1948–49 the amounts included in the Estimates which have been voted by Parliament for subsidies to particular industries, excluding any discontinued since the Estimates were approved. It does not include losses on trading by Government Departments (such as the trading loss on iron and steel due to sale at controlled prices of high cost imported steel and steel scrap and to changes in the level of stocks); nor does it include expenditure provided under general policies such as housing, social services, the training, resettlement and transference of labour, distribution of industry, cost-of-living or research.