HC Deb 06 December 1966 vol 737 c274W
90. Sir M. Galpern

asked the President of the Board of Trade how many firms in receipt of grants from public funds during the past 10 years, have closed down; and what was the amount of public funds lost as a result of such closures.

Mr. Jay

Forty firms which received grants from the Board in the last ten year' are known to have closed down the undertakings to which these grants were related. The grants totalled approximately £100,000. The Board was able to claim repayment of about £80,000 and has so far recovered nearly £69,000.

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