HC Deb 06 November 1979 vol 973 cc152-4W
Mr. Alec Jones

asked the Secretary of State for Wales how many companies have received loans under section 7 of the Industry Act 1972 in each year since the Act was introduced; and what is the number of jobs expected to be created or safeguarded.

Mr. Nicholas Edwards

The number of loans advanced to companies in Wales, in each financial year since 1972 and the number of jobs expected to be created or safeguarded are as follows:

Number of loans advanced Associated employment
Year ending 31 March—
1973 12 1,633
1974 45 3,881
1975 35 2,470
1976 35 3,407
1977 16 1,723
1978 3 138
1979 2 54

Mr. Alec Jones

asked the Secretary of State for Wales how many companies have qualified for interest relief grants under section 7 of the Industry Act 1972 in each year since the Act was introduced; and how many jobs are expected to be created or safeguarded.

Mr. Nicholas Edwards

The number of companies which were offered interest relief grants under section 7 of the Industry Act 1972 for projects in Wales in each of the financial years since the inception of the Act; and the number of jobs expected to be created or safeguarded, are as follows:

Number of offers Associated employment
Year ending 31 March—
1973 1 77
1974 46 5,702
1975 70 8,766
1976 55 4,696
1977 64 7,119
1978 126 7,303
1979 153 9,066

Mr. Alec Jones

asked the Secretary of State for Wales how many offers of removal grant under section 7 of the Industry Act 1972 have been made in each year since the Act was implemented; and how many jobs are expected to be created.

Mr. Nicholas Edwards

The number of offers of removal grants under section 7 of the Industry Act 1972, for projects in Wales, made in each of the financial years since the Act was implemented; and the number of jobs expected to be created are as follows:

Number of offers Estimated employment
Year ending 31 March—
1973 6 159
1974 22 1,469
1975 25 1,464
1976 17 1,305
1977 11 288
1978 19 619
1979 23 711

Mr. Alec Jones

asked the Secretary of of State for Wales how many service industry grants were made under section 7 of the Industry Act 1972 in each year since the Act was implemented; and what is the associated number of jobs expected to be created.

Mr. Nicholas Edwards

The number of service industry grants under section 7 of the Industry Act 1972 for projects in Wales offered in each of the financial years since the Act was implemented; and the associated number of jobs expected to be created are as follows:

Number of offers Estimated employment
Year ending 31 March—
1973 Nil Nil
1974 2 89
1975 5 123
1976 3 104
1977 3 43
1978 8 261
1979 16 926