HC Deb 09 June 1975 vol 893 cc6-7W
33. Mr. Madden

asked the Secretary of State for Industry what is the total amount of public financial assistance given to the different sectors of the British textile industry since 1965, shown on an annual basis.

Mr. Meacher

Records of expenditure on certain regional incentives are not kept for individual industries, and I regret therefore that this information is not avail-

IDENTIFIABLE FINANCIAL ASSISTANCE TO THE TEXTILE INDUSTRY 1965–75
1. Research associations—(£'000)
1965 1966 1967 1968 1969 1970 1971 1972 1973 1974
320 338 342 355 417 386 371 357 320 349

2. Grants and loans under Local Employment Acts (excluding factory assistance)—(£'000)
1965–66 1966–67 1967–68 1968–69 1969–70 1970–71 1971–72 1972–73 1973–74 1974–75
Loans 2,117 840 2,180 1,907 6,263 1,972 1,360 890
Grants 1,388 2,139 1,679 7,511 4,790 3,170 1,992 1,736 21

Note: Totals for 1965–69 include clothing and footwear industries; for 1969–70 onwards textiles only are shown.

3. Offers of assistance under Section 7 of the Industry Act 1972—(£m.)
1972–73 1973–74 1974–75
Not available 4.9 3.6

4. Wool Textile Scheme under Section 8 to the Industry Act 1972

£2.6m. was paid out under the scheme and a further £5m. (approximate) was committed in 1974–75.

5. IRC loans—(£m.)
1966–67 1967–68 1968–69 1969–70 1970–71 1971–72
3.0 15.0 13.0 8.0 1.6 1.4

6. Investment grants—(£m.)
1967–68 1968–69 1969–70 1970–71
21.8 24.1 31.6 29.3

No analysis by industry available for later years.

7. Regional Development grants—(£m.)
1972–73 1973–74 1974–75
1.0 7.7 Not yet available

8. Cotton and allied textile scheme—(£'000)
1965–66 1966–67 1967–68 1968–69
2,624 73 0 3 (final payments)

9. Grants-in-aid to the Textile Council, Clothing Export Council and National Wool Textile Export Corporation—(£'000)
1965–66 1966–67 1967–68 1968–69 1969–70 1970–71
50 0 32 33 15 55