§ Mr. Leadbitterasked the Secretary of State for Trade and Industry how many applications he has received from firms anxious to develop in the Northern Region since the introduction of investment allowances; how the figures compare for an equivalent period before investment grants were terminated and what new jobs were estimated in total for both periods, respectively.
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§ Mr. Anthony GrantFigures of I.D.C.'s issued move erratically over short periods. From 1st November, 1970 to 30th June, 1971, 85 industrial development certificates for projects of 10,000 sq. ft. and over were issued in the Northern Region. They were estimated by the applicants to give rise to 4,730 additional jobs when the projects were complete and fully manned. The comparable figure for November, 1969 to June, 1970, was 121 certificates for 14,740 additional jobs. There is no evidence to suggest that the recent fall in the Northern Region results from the change-over from investment grants.