HC Deb 16 July 1973 vol 860 cc13-4W
Mr. McBride

asked the Secretary of State for Trade and Industry (1) how many firms in Wales have applied for assistance under the financial provisions of the Industry Act; how many such applications have been rejected; how many have been refused; and how many are still under consideration, all to the latest convenient date;

(2) how many new jobs have been created in Wales, to the latest convenient date, by the operation of the provisions of the Industry Act;

(3) how many projects in Wales have attracted financial assistance under the provision of the Industry Act 1972 and how much, in total to the latest convenient date, this financial assistance amounts to.

Mr. Anthony Grant

Up to 30th June 1973, 48 offers of regional selective assistance to projects in Wales had been made, totalling £3,414,000 in loans and £290,000 in grants. The new employment to be created by these projects is estimated to be 3,904 jobs. Up to then 163 applications for projects in Wales had been received, of which 36 had been withdrawn, eight rejected, and 71 were still under consideration. Substantial assistance to industry in Wales is also being given by regional development grants.