§ Mrs. Wiseasked the Secretary of State for Industry how many jobs have been saved to date by the giving of financial assistance to Meriden Workers' Co-operative; and what was the cost per job to public funds.
Mr. Alan WilliamsAbout 700 are currently employed by the co-operative at Meriden. Total assistance provided to the co-operative under the Industry Act 1972 is £4.95 million of which £4.2 million was provided as a loan and £0.75 million as a grant.