HC Deb 20 May 1974 vol 874 cc15-6W
Mr. Stanley

asked the Secretary of State for Industry what were the total subsidies made available to private industry in each of the last five years for which figures are available; and what was the breakdown of the subsidy figure for each year.

Mr. Heffer

1 would refer the hon. Member to my reply to the hon. and learned Member for Dover and Deal (Mr. Rees) on Thursday 16th May 1974.

Mr. Tom King

asked the Secretary of Stale for Industry if he will define which particular programmes of Government support and assistance are represented in his figure of £3,000 million.

Mr. Heffer

The programmes are as follows:

Regional Development Grants.

Investment Grants.

Expenditure under the Local Employment Act.

Selective Regional Assistance (Section 7 of the Industry Act 1972).

Selective General Assistance (Section 8 of the Industry Act 1972 and support for ICL).

Refining of the Home Shipbuilding Credit.

Other Assistance to the Shipbuilding Industry.

Loans to the National Film Finance Corporation.

Industrial Sponsorship.

Promotion of Tourism.

Industrial Reorganisation Corporation.

Industrial Investment Schemes (assistance to the Aluminium Industry).

Assistance to the Aerospace Industry.

National Space Programme.

General Industrial R & D Support (including NRDC).

Regional Employment Premium.

Information on expenditure under these programmes was given in my reply to the Question by the hon. and learned Member for Dover and Deal (Mr. Rees) on 16th May 1974.