§ Mr. Sillarsasked the Secretary of State for Industry if he can identify where oil revenues are now being directed to improve employment conditions in England and Wales, especially in areas which have been damaged by years of neglect and a plethora of dying industries.
Mr. Alan WilliamsThe Government have pledged that all parts of the United Kingdom most in need will receive their full and fair share of the benefits from the energy resources of the Continental Shelf that belongs to the United Kingdom as a whole. Moreover, particular sources of revenue are not allocated to particular spending programmes. While the Government will be deriving considerable revenue from the North Sea by the end of the decade, very little has been received so far.