HC Deb 21 October 1971 vol 823 cc200-1W
Mr. Gower

asked the Secretary of State for Wales whether he will make a statement about future Government assistance to the Development Corporation for Wales.

Mr. Peter Thomas

It has been agreed that in recognition of the expanding rôle which the Corporation has to play, the level of grant-in-aid should be raised to a maximum of £35,000 in the current year and a maximum of £45,000 in each of the years 1972–73 and 1973–74. There will be a basic grant of £20,000 a year: the remainder will be payable on a matching basis.