HC Deb 27 November 1964 vol 702 cc231-2W
Mr. MacArthur

asked the President of the Board of Trade what total of financial assistance to industry in Scotland was made available under the Local Employment Acts, 1960 and 1963, up to 31st October, 1964.

Mr. Darling

Total assistance, including factories, offered under the Local Employment Acts from 1st April, 1960, to 31st October, 1964, for industrial and non-industrial projects in Scotland amounted to £70,956,970 of which £7.813,055 was subsequently declined.

Mr. MacArthur

asked the President of the Board of Trade how many applications for financial assistance to industry in Scotland under the Local Employment Acts 1960, and 1963, were received by 31st October, 1964, since the free depreciation allowance under the Finance Act, 1963, came into force; and how many of these applications were approved.

Mr. Darling

2,288 applications were received between 1st April, 1963, and 31st October, 1964, for financial assistance under the Local Employment Acts for projects in Scotland. 727 of these applications have so far resulted in offers of assistance amounting to £18,400,000, and 758 others have been approved in principle. 397 applications are still under consideration. In addition approval was given to 55 factories to be built by the Board of Trade at a cost of £3,800,000.