§ Mr. Kilroy-Silkasked the Secretary of State for Industry what are the reasons for granting only £90.7 million in aid under the Industry Act 1972 in view of high unemployment in the North-West area.
§ Mr. Gregor MackenzieThe amounts spent on regional financial assistance under the Industry Act depend on the level of industrial investment in the assisted areas.
§ Mr. Kilroy-Silkasked the Secretary of State for Industry what criteria are applied in granting £90.7 million under the Industry Act 1972 to the North-West; and if the same criteria are applied to grants for other regions.
§ Mr. Gregor MackenzieThe same criteria are applied in the North-West as in other assisted areas. The criteria for selective financial assistance under Sections 7 and 8 of the Industry Act 1972, as amended, were published on 12th January, and a copy of the notice was placed in the Library of the House. Regional development grants are paid in accordance with the provisions of the Industry Act 1972.