§ Mr. Richard Wainwrightasked the Secretary of State for Industry how many applications for financial assistance in the form of grants and loans, secured or unsecured, under Section 7 of the Industry Act 1972 have been received from common ownership enterprises; how many applicants were refused assistance; how many applications are still under consideration; and on what date the last application was made.
§ Mr. CryerOnly one of the 13 firms which are in membership of the Industrial Common Ownership Movement has applied for assistance under Section 7 of the Industry Act 1972, and this application, for a grant, was successful. Six other applications have been received from producer co-operatives and two loans and two grants were made. One application was refused, and the last application, which was made on 20th April 1977, is under consideration. These figures exclude discussions with potential applicants where the proposal was not pursued or alternative arrangements were made, for which statistics are not available.