HC Deb 08 December 1966 vol 737 cc340-1W
86. Mr. Harold Walker

asked the President of the Board of Trade if he will take action by legislation, or otherwise, to give effect to the recommendation of the Yorkshire and Humberside Regional Economic Planning Council that the investment grants for the growth points within the region should be higher than the standard rate.

Mr. Darling

As my right hon. Friend explained to the Member for Kingston upon Hull, West (Mr. James Johnson) on 1st December, he has no present intention of introducing any further regional differentiation into the investment grants system.—[Vol. 737, c. 609.]

Mr. Jopling

asked the President of the Board of Trade why grants are not available to firms in development areas who are already in receipt of loans from the Rural Industries Loan Fund.

Mr. Jay

Firms who have received loans from the Rural Industries Loan Fund are not thereby ineligible for investment grants. They can also apply for building grants under the Local Employment Acts provided that the loan is not to be used for financing the remaining building costs. This limitation is designed to avoid duplication of Government assistance for the same projects.