HC Deb 01 July 1976 vol 914 cc265-70W
Mr. Wrigglesworth

asked the Chancellor of the Exchequer when he expects to be able to publish his proposals for banking supervision.

Mr. Denzil Davies

I would refer my hon. Friend to the answer I gave in the House yesterday to my hon. Friend the Member for Woolwich, East (Mr. Cartwright).

Amount
£ million
1975
Tate and Lyle 1.6
Post Office 17.5
National Water Council 7.5
British Steel Corporation 17.5
South of Scotland Electricity Board 10.0
North of Scotland Hydro-Electricity Board 10.0
British Railways Board 6.3
Shetland Islands Council 16.9
Olivetti International 1.0
186.5

1976
British Gas Corporation … … 20.0
Post Office … … 17.3
National Water Council … … 9.0
National Water Council … … 4.0
British Gas Corporation … … 17.3
British Railways Board … … 11.6
British Gas Corporation … … 8.6
87.8
Total to date … … 387.1

3. European Coal and Steel Community

(i) Loans Received

Loans Received by the NCB from the ECSC under Article 54
1974 £ million
June … … … 2.362
July … … … 4.178
July … … … 6.266
September … … … 4.067
November … … … 0.986
Total 1974 … … … 17.859

1975
February … … … … 16.812
April … … … … 10.028
April … … … … 5.133
May … … … … 20.195
June … … … … 0.650
October … … … … 4.571

November … … … 8.897
November … … … 4.813
Total 1975 … … … 71.099

1976
January … 4.437
January … 0.030
February … 22.755
May … 5.106
Total 1976 (to date) … 32.328
Grand Total … 121.286

(ii) Loans Committed

Loans approved under ECSC Artile 54
Applicant £million
1974
British Steel Corporation 17.950
British Steel Corporation 7.750
British Steel Corporation 1.250
Woodhead components 0.500
Manchester Steel 2.300
29.750
1975
British Steel Corporation 35.000
British Steel Corporation 25.000
British Steel Corporation 4.000
British Steel Corporation 7.000
British Steel Corporation 6.000
Templeborough Rolling Mills 0.700
Spartan Steel & Alloys Ltd 0.800
78.500
1976
British Steel Corporation 30.000
British Steel Corporation 35.000
British Steel Corporation 7.000
GKN 20.000
British Steel Corporation 150.000
British Steel Corporation 38.800
280.800
Total to date 389.050

Loans approved under ECSC Article 56
Applicant £ million
1974
British Steel Corporation 15.000
1975
British Steel Corporation 15.550
British Leyland 5.100
Finance for Industry 10.000
Polypac Bal Ltd 0.765
31.415
1976
British Steel Corporation 1.250
Vald Birn Ltd 1.400
Natural Gas Tubes Ltd 0.950
Courtaulds Ltd 5.500
9.100
Total to date 55.515

(iii) Grants Committed

RESEARCH GRANTS AGREED UNDER ARTICLE 55
£ million
1973
December … … … … 0.481
December … … … … 0.633
Total 1973 … … … … 1.114

1974
March … … … … 0.143
March … … … … 0.134
July … … … … 0.016
July … … … … 0.383
October … … … … 0.438
October … … … … 0.910
December … … … … 0.090
December … … … … 0.104
December … … … … 0.023
Total 1974 … … … … 2.241

1975
February … … … … 1.208
February … … … … 0.883
May … … … … 0.476
May … … … … 0.122
June … … … … 0.732
June … … … … 0.762
June … … … … 0.021
November … … … … 0.300
November … … … … 0.705
November … … … … 0.226
December … … … … 0.106
December … … … … 0.132
Total 1975 … … … … 5.673

1976
February … … 0.196
March … … 0.766
Total to date for 1976 … … 0.962
Grand total agreed … … 9.990

RESEARCH GRANTS RECEIVED UNDER ARTICLE 55
To date the NCB has received £3.736 million on all agreed research contracts.
ie In 1973 —
1974 £1.186 million
1975 £1.051 million
(to date) 1976 £1.499 million

READAPTATION GRANTS UNDER ARTICLE 56
Amount agreed
£ million
January 1975 … … … 10.444
January 1976 … … … 4.790
Total to date … … … 15.234

Amount Received
£ million
May 1975 (kept by HMG) … 2.250
May 1975 (to NCB) … 2.000
Total to date … 4.250

Research Grants approved under ECSC Article 55
Year BSC*Amount Others Amount Total Amount
£ million £ million £ million
1973 … 0.337 0.123 0.460
1974 … 0.480 0.153 0.633
1975 … 0.850 0.046 0.896
1.667 0.322 1.989
* In addition BSC was awarded an Ergonomic/Rehabilitation grant of £0.025 m. in 1974.

READAPTATION GRANTS UNDER ECSC ARTICLE 56
Plant Amount committed by ECSC Amount received to date
£ million £ million
1973
BSC Colsterworth Iron Ore Mines 0.050 0.038
Roand Oak Steel Works 0.204 0.013
0.254 0.051

1974
BSC Scunthorpe … 0.700 0.061
BSC Stanton … 0.289 0.143
BSC Shotton … 0.021 0.011
BSC Cargo Fleet … 0.050 0.027
Arthur Lee & Sons … 0.050 0.030
Dunford Hadfields … 0.064 0.013
1.174 0.285

1975
BSC Irlam 0.736 0.663
BSC Workington 0.101 0.046
BSC Whitehead 0.038 0.015
BSC Ebbw Vale 0.337 0.043
BSC Clydesdale 0.214 0.002
BSC Glamorgan Iron Ore Mine 0.115 0.001
BSC Shotton HR Mill 0.015 0.010
Brown Bayley 0.062 0.009
1.618 0.789

EAGGF INDIVIDUAL PROJECTS: SUMMARY OF GRANTS APPROVED
1973 programme Total grant 1974 programme Total grant 1975 programme Total grant
£ million £ million £ million
Land drainage (arterial) 0.656 0.536 0.065
Agricultural co-operatives and other schemes benefiting groups of farmers 2.247 0.453 0.105
Animal feedingstuffs manufacture — 0.292 0.773
Plant and animal breeding 0.142 — —
Wholesale produce markets 1.473 —. —
Cold stores 0.268 — —
Food processing:
Milk 2.116 4.675 2.228
Meat and poultry 0.637 1.477 2.359
Other 0.170 0.755 0.753
Fish and fish-using industries 0.563 2.943 3.497
Other 0.061 0.423 0.704
Totals 8.333 11.554 10.484

Note: The above amounts refer to grants approved; actual payments may be phased over a period of up to 5 years.

1976
BSC Ebbw Vale 0.189 Nil
William Beardmore & Co. 0.255 Nil
Patent Shaft Steel Works 0.105 Nil
0.549
Total to date 3.595 1.125

4. EUROPEAN AGRICULTURAL GUIDANCE AND GUARANTEE FUND (EAGGF)—GUIDANCE SECTION GRANTS
EAGGF Guidance: Summary of Claims Submitted
Amount of Reimbursement Requested £ million
Incurred in 1973
Acquisition of Occupational Skills 0.134*
Dairy Herd Conversion Scheme 0.020
0.154
Incurred in 1974
Modernisation of Farms:
Development Plans 0.012
Guidance Premiums 0.021
Provision of Socio-Economic Advice 0.014
Acquisition of Occupational Skills 0.135*
Dairy Herd Conversion Scheme 4.726
Grants to Producer (Fruit and Vegetable) Groups 0.004
Hop Gardens Replanting and Restructuring 0.047
4.959

The claims for reimbursement of 1975 eligible expenditure have not yet been finalised but are estimated to total about £194 million.

Reimbursement by EAGGF of Member States' eligible expenditure on EEC common and special measures under the guidance section of EAGGF is normally made in the year following that in which the expenditure is incurred.

* Provisional Claims