HC Deb 27 May 1960 vol 624 cc83-4W
Mr. Malcolm MacMillan

asked the Chancellor of the Exchequer (1) the total amount, by way of grant and of loan, respectively, paid to date to applicants in the United Kingdom under the Distribution of Industry (Financial Provisions) Act, 1958;

(2) the total amount of grant and of loan aid, respectively, paid out to date, to applicants for assistance under the Distribution of Industry (Financial Provisions) Act, 1958, in the seven crofter counties;

(3) the total amount of grant and of loan, respectively, paid to date to applicants in Scotland, outwith the seven crofter counties, under the Distribution of Industrial (Financial Provisions) Act, 1958.

Mr. Barber

Offers of financial assistance under the Distribution of Industry (Financial Provisions) Act, 1958, have been as follows:

Loans Grants
£ £
England 3,489,600 69,900
Wales 3,512,700
Scotland
(i) Seven Crofter Counties 244,925 8,250
(ii) Rest of Scotland 1,777,220
Total, United Kingdom 9,024,445 78,150
It is not possible, without disproportionate labour, to give the amounts actually advanced in respect of these offers. The money is advanced as and when required by the borrowers or recipients of grant, and it is expected that all the amounts offered will ultimately be taken up.

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