HC Deb 17 July 1979 vol 970 cc445-6W
34. Mr. Tilley

asked the Secretary of State for Employment if he will make a statement on the number of jobs that will be lost by the restrictions of financial assistance to industry in the inner city areas.

Mr. Jim Lester

There may be some reduction in certain inner city areas, in particular because of the withdrawal of the small firms employment subsidy scheme, but I do not believe that this will result in a net loss of jobs, since the Government's policy of restoring incen- tives, encouraging efficiency and creating a climate in which industry and commerce can flourish will bring into existence more jobs in these areas.

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