HC Deb 25 January 1977 vol 924 c590W
Mr. Monro

asked the Chancellor of the Exchequer what financial incentives, or other policies, he proposes to introduce in place of regional employment premium.

Mr. Joel Barnett

As my right hon. Friend made clear in his statement on 15th December, there will be an increase in the resources of the National Enterprise Board and the Scottish and Welsh Development Agencies, a new selective investment scheme, and more money for further sectoral schemes in support of the industrial strategy. In addition there will be an increase of £120 million in 1977–78 and 1978–79 in our spending on specific measures to reduce unemployment, which includes extending the closing date for applications for the temporary employment subsidy scheme and the job creation programme until the end of April 1977.