HC Deb 14 January 1977 vol 923 c627W
Mr. Kenneth Clarke

asked the Secretary of State for Industry what is the total of offers of assistance to industry made under the Accelerated Projects Scheme; how those offers were distributed amongst industrial sectors and regions; and what

REGIONAL BREAKDOWN
(£m.)
Country/Region Number of cases Assistance Total Project Costs
Scotland … 6 2.0 33.5
Wales … 2 2.5 16.0
Northern … 5 3.0 31.5
NorthWest … 14 8.0 59.0
Yorkshire and Humberside … 11 22.0 138.5
East Midlands … 11 1.5 18.0
West Midlands … 24 8.5 75.0
Eastern … 13 15.5 113.0
London and South East … 10 2.0 23.0
SouthWest … 11 3.0 33.0
National (i.e. mixed) … 13 16.0 100.5
Total … 120 84.0 641.0
INDUSTRIAL SECTOR BREAKDOWN
Number of cases Assistance Total Project Costs
Chemicals … 23 25.0 197.0
Petroleum … 2 20.0 144.0
Mechanical engineering … 31 15.5 94.0
Vehicles … 9 7.5 67.0
Metal manufacture and goods … 15 6.0 46.5
Electrical engineering … 13 3.5 29.5
Pottery, glass, etc. … 6 2.5 21.5
Food and drink … 13 2.5 26.5
Miscellaneous … 8 1.5 15.0
Total … 120 84.0 641.0

To date, payments totalling £4.4 million have been made under the Scheme.

Mr. Kenneth Clarke

asked the Secretary of State for Industry what percentage of assistance given to industry under the Accelerated Projects Scheme has been taken by way of concessionary loans and interest relief grants, respectively.

Mr. Alan Williams

Ninety-three per cent. of the total amount offered has been in the form of interest relief grants, and the remainder in the form of loans.

Back to