HC Deb 07 November 1974 vol 880 cc214-5W
Mrs. Bain

asked the Secretary of State for Industry what, from published figures, he estimates to have been the total profit made by daily newspapers in Scotland at the last convenient date; and what was the value of Government and other public sector advertising as a percentage of this profit.

Mr. Gregor Mackenzie

I am looking into this matter and will let the hon. Member have a reply as soon as possible.

Mrs. Bain

asked the Secretary of State for Industry if he will now rescind the condition of pound for pound public and private funding attached to the offer of a loan to the proposed Scottish Daily News; and if he will make a statement.

Mr. Gregor Mackenzie

I do not think it would be right for the Government to offer to go beyond pound-for-pound public funding for this project.