HC Deb 22 March 1971 vol 814 cc29-30W
Mr. George Thomas

asked the Secretary of State for Trade and Industry, in view of the loss of 5,000 jobs in Wales since 1st January, 1971, what are his plans for increasing the rate of capital investment in Welsh industry.

tricts of Colne Valley, Denby Dale, Holmfirth, Meltham and Saddleworth; what effects these new inducements are having on the creation of new industry and the expansion of established firms; and if he will make a statement.

Sir J. Eden

Firms in these districts are eligible to receive the allowances for taxation purposes that are available to industry on a national basis, and derelict land clearance schemes in these districts qualify for 75 per cent. grants where this will contribute to the development of industry.