HC Deb 29 July 1974 vol 878 cc11-2W
Mr. Woof

asked the secretary of state for Industry what was the total amount of investment grants and regional premiums which were paid in the Northern development area in the years 1967 to 1973.

Mr. Gregor Mackenzie

Precise figures are not available but approximate totals are as follows:

Investment grants £m. Regional employment premiums £m.
1967–68 58 10
1968–69 55 29
1969–70 58 31
1970–71 68 31
1971–72 49 31
1972–73 30 29
1973–74 29 31

The investment grant figures do not include grants paid in respect of ships and hovercraft.

Mr. Woof

asked the secretary of state for Industry how many industrial development certificates have been granted for industrial development in the Blaydon area in each year since 1967; and what was the estimated number of jobs created by these developments.

Mr. Gregor Mackenzie

Blaydon is in a special development area where IDCs

Mr. Heffer

The information is as follows:

have not been required since 20th July 1972. The following table gives the number of industrial development certificates issued for the Blaydon employment exchange area for 1967—July 1972 together with estimated numbers of jobs created by these developments.

INDUSTRIAL DEVELOPMENT CERTIFICATES (ALL SCHEMES) BLAYDON
IDCs approved Estimated additional employment
1967 4 360
1968 5 340
1969 9 350
1970 5 130
1971 6 260
1972(January-July) Nil Nil

Note: The IDC exemption limit was raised in December 1970

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