HC Deb 22 October 1975 vol 898 cc212-6W
Mrs. Ann Taylor

asked the Secretary of State for Industry if he will publish in the Official Report a table of the level of State aid to industry for each year since 1960, showing loans and grants separately for, respectively, investment grants, Local Employment Acts and initial tax allow-

All figures are at historic prices and net of repayment except where otherwise stated in the notes
£ million
Item Sub-Division (where applicable) Years
1960–61 1961–62 1962–63 1963–64 1964–65
1. Investment Grants — — — — — —
2. Local Employment Acts. — 8.0 28.0 21.0 18.0 26.0
3. Regional Employment Premium. — — — — — —
4. ECGD Cost of fixed Interest rate scheme. — — — — —
Net amount of new Refinancing Loans to Banks. — — — — —
5. Military Aerospace R & D. — 151.0 171.0 182.0 177.0 172.0
6. Civil Aerospace and other R & D. — n.a. n.a. 26.0 33.0 29.0
7. Industrial Reorganisation Corporation. — — — — — —
8. Industrial Training Loans — — — — *
Grants * * * * 0.2
9. Agriculture Support Price Guarantees 140.4 213.7 190.1 178.9 146.1
Grants and subsidies 104.5 107.5 109.4 104.1 107.7
Market regulations under CAP. — — — — —
10. Fisheries Grant and subsidies 5.0 5.0 4.9 5.0 5.2
Loans 5.8 4.2 1.8 0.7 0.4
11. Forestry — 1.2 1.3 1.2 1.4 1.3
12. Shipbuilding Industry Grants See note 12
Special Assistance. Loans
Purchase of Shares
Item Sub-Division (where applicable) Years
1965–66 1966–67 1967–68 1968–69 1969–70
1. Investment Grants — — — 288.0 437.0 544.0
2. Local Employment Acts. — 18.0 35.0 35.0 34.0 43.0
3. Regional Employment Premium. — — — 32.0 96.0 102.0
4. ECGD Cost of fixed Interest rate scheme. — — — — —
Net amount of new Refinancing Loans to Banks. — — — — —
5. Military Aerospace R & D. — 187.0 171.0 149.0 139.0 137.0
6. Civil Aerospace and other R & D. — 46.0 70.0 90.0 111.0 118.0
7. Industrial Reorganisation Corporation. — — — 17.0 33.0 26.0
8. Industrial Training Loans * 0.5 0.5 0.6 1.1
Grants 0.4 0.6 1.8 3.0 7.2

ances, regional employment premium, selective employment premium, export rebates, export credit guarantees, military aircraft and missiles R and D, civil aircraft and other R and D, IRC and shipbuilding reconstruction and mergers, industrial training, and agriculture fisheries and forestry.

Mr. Gregor Mackenzie

The available information is as follows:

£ million
Item Sub-Division (where applicable) Years
1965–66 1966–67 1967–68 1968–69 1969–70
9. Agriculture Support Price Guarantees 121.7 108.8 135.0 127.2 127.9
Grants and subsidies 103.8 108.4 113.8 124.5 134.8
Market regulations under CAP. — — — — —
10. Fisheries Grants and subsidies 5.4 4.6 5.1 8.1 5.4
Loans 0.8 0.5 0.4 0.7 0.8
11. Forestry — 1.2 1.4 1.4 1.7 1.9
12. Shipbuilding Industry Special Assistance. Grants — — 0.1 5.5 6.5
Loans 1.0 3.4 3.5 5.9 10.6
Purchase of Shares 0.5 — — — 3.0
Item Sub-Division (where applicable) Years
1970–71 1971–72 1972–73 1973–74 1974–75
1. Investment Grants — 540.0 461.0 295.0 191.0 101.0
2. Local Employment Acts. — 51.0 41.0 47.0 35.0 18.0
3. Regional Employment Premium. — 102.0 103.0 94.0 100.0 144.0
4. ECGD Cost of fixed Interest rate scheme. — — 16.2 76.6 157.7
Net amount of new Refinancing Loans to Banks. — — 293.5 372.2 446.7
5. Military Aerospace R & D. — 144.0 178.0 217.0 241.0 233.0
6. Civil Aerospace and other R & D. — 133.0 183.0 135.0 140.0 184.0
7. Industrial Reorganisation Corporation. — 25.0 −37.0 −34.0 −10.0 −0.1
8. Industrial Training Loans 8.3 0.2 0.1 — —
Grants 9.0 10.1 11.9 13.1 11.5
9. Agriculture Support Price Guarantees 93.5 140.9 55.6 10.3 6.4
Grants and subsidies 163.0 181.8 180.3 192.9 289.0
Market regulations under CAP. — — 0.3 85.6 199.4
10. Fisheries Grants and subsidies 5.9 5.9 8.4 8.1 5.6
Loans 1.2 1.3 2.1 3.6 3.8
11. Forestry — 2.0 2.1 2.1 2.0 2.0
12. Shipbuilding Industry Special Assistance. Grants 6.8 12.0 24.1 22.0 17.0
Loans 3.2 8.7 7.0 15.6 29.2
Purchase of Shares 1.5 4.0 5.0 — 17.8
* Negligible.
n.a. Not available.
Notes to table:
1. Excludes payments to public corporations.
2. Includes loans, grants and provision of land and buildings. A breakdown between loans and grants is not readily available.
3. Excludes payments to public corporations.
4. Figures are for special schemes over and above the normal export credit guarantees, since the latter do not involve any charge to the Consolidated Fund. Totals of guarantees are published quarterly in "Trade and Industry".
5. Expenditure on research and development contracts.
6. Includes expenditure on civil aerospace and on general industrial research and development now the responsibility of the Department of Industry. Due to changes in the way in which record? were kept it is not possible to identify this expenditure separately before 1962–63.
7. Figures represent expenditure by the Corporation and subsequent receipts.
8. Figures exclude the Agricultural Training Board, which started in 1970–71.
9. Figures exclude the cost of the milk price guarantee, which is classified as a food subsidy. The figures for payments under the EEC common agricultural policy are gross.
10. The loan figures are gross.
11. Mainly grants to private woodland owners.
12. Figures include all assistance given specifically to the Shipbuilding industry including that under Part II of the Industry Act (1972). They exclude support (such as investment grants) available to industry generally.
General notes:
(a) The table includes public expenditure items only. Information on the cash value of tax allowances and rebates, including payments of selective employment premium, is not available.
(b) Totals are not included in the table, since the information asked for includes some expenditure (such as military aircraft R and D, and agricultural support) which is not normally regarded as aid to industry, and excludes some (e.g. most expenditure under the Industry Act (1972)) which is.