HC Deb 23 July 1979 vol 971 c76W
Mr. Rowlands

asked the Secretary of State for Wales what proportion of the savings in regional aid to Wales will be achieved by the reduction in regional development grant to 15 per cent. in development areas.

Mr. David Mitchell

I have been asked to reply.

In 1978–79 regional development grant paid in respect of development areas in Wales amounted to £52.7 million. On this basis, the reduction of regional development grant arising from the reduction in rate from 20 per cent. to 15 per cent. is estimated at £12 million annually by 1982–83.