HC Deb 15 December 1977 vol 941 cc336-7W
Dr. McDonald

asked the Secretary of State for Industry how much financial assistance to industry has been given under the Selective Investment Scheme between October 1976 and October 1977.

Mr. Cryer

No payments have yet been made. But since the Selective Investment Scheme began in December 1976, 37 offers of assistance totalling £11.296 million had been approved to 31st October 1977 for projects costing over £120 million. Since then, four offers of assistance totalling 1095 million have been approved for projects costing over £102 million.

Dr. McDonald

asked the Secretary of State for Industry how much financial assistance to industry has been given as support for industrial innovation and general industrial research and development in 1976–77.

Mr. Les Huckfield

In 1976–77 the provisional outturn for expenditure in those areas of industrial innovation which fall within my Department's responsibility, was £148.1 million, net of receipts, including £35.6 million for general industrial research and development.

Dr. McDonald

asked the Secretary of State for Industry how much general financial support has been provided for industry in 1976–77, including selective assistance to individual industries, firms and undertakings, and investment grants.

Mr. Cryer

In 1976–77 the provisional outturn for expenditure on general support to industry in those areas which fall within my Department's responsibility, was £348.3 million, net of receipts, including £84.9 million for selective assistance to individual industries, firms and undertakings, and £25.6 million for investment grants.

Dr. McDonald

asked the Secretary of State for Industry how much assistance has been given to industry in the form of regional aids in 1976–77.

Mr. Cryer

In 1976–77 the provisional outturn for expenditure in those areas of regional support and regeneration which fall within my Department's responsibility was £428.2 million net of receipts. This figure does not include that regional expenditure in Scotland and Wales which is the responsibility of the Scottish Economic Planning Department and the Welsh Office Industry Department.

Forward to