HC Deb 28 March 1968 vol 761 cc313-4W
Mr. Urwin

asked the Secretary of State for Economic Affairs, what was the total amount paid to industrialists in the Northern Regional Development Area for the year 1967.

Mr. Frederick Lee

The information required is given in the following table:

Calendar Year 1967
£million
Assistance offered under the Local Employment Acts
(i) Building Grants 5.26
(ii) Grants and Loans 3.94
(iii) Plant and Machinery 0.36
Investment Grants 41.00
Regional Employment Premium* 2.23
Ministry of Labour Assistance on industrial training† 0.38
Total 53.17
* These figures relate to Northern Region. This scheme came into effect on 4th September, 1967. The first payments were made in October, 1967. In a full year it is estimated that payments will amount to approximately £28 million.
† These figures relate to Northern Region.