HC Deb 10 May 1967 vol 746 cc239-40W
Mr. Woof

asked the President of the Board of Trade whether he will state for the year ended 31st March, 1967, of the 36 applications approved by the Board of Trade Advisory Committee for firms in the North East region of the Northern Development Area; how many were for loans and how many for grants; and the estimated employment and sums involved.

Mr. Jay

The information, which refers only to loans and grants made under Section 4 of the Local Employment Acts, is as follows:—

Number Amount
Loans 26 £2,206,500
Grants 10 £249,260

Additional employment as estimated by firms: 6,107.

It is not possible to give separate figures of employment associated with the indivi- dual types of assistance, since some applications were for both loans and grants.