HC Deb 03 November 1975 vol 899 c37W
51. Mr. Edwin Wainwright

asked the Secretary of State for Industry if he will give the total amount of money granted to the computer industry over the past four years; and if he will also give the amount of money paid back to the Government by that industry over this period.

Mr. Kaufman

£38.8 million was provided to the computer industry in the last four complete financial years. This comprised R. and D. support of International Computers Ltd., cost shared development contracts with ICL and other companies, and the balance of the cost of the Government shareholding of 10½ per cent. in ICH. The amount of money paid back to the Government over this period was £569,000, of which £100,000 represented dividends from the ICH share-holding.

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