HC Deb 17 October 1975 vol 897 cc841-2W
Mr. Teddy Taylor

asked the Secretary of State for Industry what is the total sum which has been made available by way of loans, grants, and purchase of shares, to the shipbuilding industry between 1965 and the most recent date for which figures are available; and if he will give separate figures in respect of the privately owned firms and firms wholly or partly publicly owned.

Mr. Kaufman

Excluding Harland and Wolff Ltd., which is the responsibility of my right hon. Friend the Secretary of State for Northern Ireland, the figures for the period from 1st April 1965 to 30th September 1975 are as follows:

£000
Privately-owned companies 58,600
Partly or wholly publicly-owned companies * 111,500
Total 170,100
* Includes purchase of Court Line's shipbuilding and associated interests.

Mr. Teddy Taylor

asked the Secretary of State for Industry what is the total amount of Government assistance which has been committed or guaranteed but not paid to the shipbuilding industry; and if he will give separate figures in respect of the private shipbuilding companies and firms which are partly or wholly publicly owned.

Mr. Kaufman

Excluding Harland and Wolff Ltd., which is the responsibility of my right hon. Friend the Secretary of State for Northern Ireland, the figures on 30th September 1975 were as follows:

£000
Privately-owned companies 3,963
Partly or wholly publicly-owned companies 40,709
Total 44,672
The table excludes further payments of construction grants under Section 11 of the Industry Act 1972. These are not expected to exceed £5 million.

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