HC Deb 11 February 1977 vol 925 c887W
Mr. John Moore

asked the Secretary of State for Industry if he will update the information published in the Official Report, 27th October 1976, columns 238–40, and the Official Report, 4th November

Assistance offered Payments made Date of Introduction Closing date for applications
(as at 4th February 1977)
£000 £000
Accelerated projects 84,000 5,340 15. 4.75 31. 7.76
Ferrous foundry 26,536 2,001 5. 8.75 31.12.76
Machine tools 3,721 231 5. 8.75 31.12.77
Clothing 934 189 15.10.75 31.12.77
Paper and board 2,576 15. 6.76 30. 6.78
Poultrymeat processing 682 45 4. 8.76 31. 3.77*
Printing machinery 13.12.76 31.12.77
Textile machinery 13. 8.76 31.12.77
* Small firms consultancy projects: 31st December 1977.

The following further schemes have been introduced but no offers of assistance had been made at 4th February 1977:

Date of Introduction Closing date for applications
Selective investment 15.12.76 30.6.78
Red meat slaughtering 9.11.76 30.11.78
Wool textiles (phase II) 29.11.76 30. 9.77
Electronic components 24. 1.77 31. 7.78
Non-ferrous foundry 24. 1.77 31. 7.78

The updated information for phase I of the wool textile scheme which closed for applications on 31st December 1975 is as follows:

From the inception of the scheme in July 1973, 193 offers of assistance have been made on investment of £73.7 million, of which £56.3 million is for new plant and machinery and £17.4 million for new and modernised buildings. Assistance offered is £16.4 million of which £10.7 million had been paid out by 4th February 1977. In addition, grants of £1.9 million have been paid under the realisation part of the scheme as compensation for firms ceasing to trade or closing down production units. Total investment generated by the scheme is now expected to be nearly £75 million and total Government assistance will be about £17 million.