§ Mr. Woofasked 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. JayThe 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- 240W dual types of assistance, since some applications were for both loans and grants.