§ Mr. Strawasked the Secretary of State for Industry what was the total amount
Grants Year No. of Firms Value of Offers Estimated Employment New Involved Safeguarded £ 1973 5 324,000 610 1974 3 116,698 198 1975 9 302,175 435 149 1976 6 264,400 437 1977 16 271,716 349 1978 12 405,852 318 1979 4 245,200 127 Loans 1973 1 35,000 22 — 1974 2 800,000 250 300 1975 1 65,000 10 — 1976 2 314,000 120 —
Section 8: Offers of selective financial assistance under industrial sector and investment schemes Year No of Firms Value of grants Offered (£) 1975 1 205,000 1976 1 14,000 1977 3 47,000 1978 17 1,196,000 1979 6 67,000 I regret that statistics of regional development grant paid under part I are not readily available on the basis of travel-to-work areas.
Only offers of regional selective assistance under section 7 are directly related to employment, but additional employment is expected to arise from the aid to investment given by regional development grant and selective financial assistance under section 8.