HC Deb 07 November 1974 vol 880 c212W
Mr. Newton

asked the Secretary of State for Industry if he will give figures showing financial advances made to firms under Section 8 of the Industry Act since 1st March 1974.

Mr. Heffer

Between 1st March 1974 and 31st October 1974, financial advances to firms under Section 8 of the Industry Act totalled £2.8 million net plus £843,280 in payments under the Wool Textile Industry Scheme.

Mr. Newton

asked the Secretary of State for Industry how many applications have been received by his Department for financial assistance under Section 8 of the Industry Act since 1st March 1974.

Mr. Heffer

Formal applications for financial assistance under Section 8 of the Industry Act 1972 between 1st March 1974 and 31st October 1974 have been as follows:

Applications assessed or under assessment 10
Applications under the Wool Textile Industry Scheme 88
Contracts registered under the Off-Shore Credits Scheme 75
173

Mr. Stanley

asked the Secretary of State for Industry if he will list the recipients of financial assistance under Section 8 of the Industry Act 1972 before and after 28th February 1974, stating the amount of assistance and the date of payment in each case.

Mr. Gregor Mackenzie

Under Section 8 of the Industry Act 1972, payments have been made as follows:

Forward to