HC Deb 16 December 1981 vol 15 c141W
Mr. Austin Mitchell

asked the Secretary of State for Industry whether he will publish in the Official Report a table showing how much was paid out in each of the past three years, to (a) manufacturing and (b) non-manufacturing industry by way of loans and grants, respectively, for investment, distinguishing as appropriate between various categories.

Mr. MacGregor

Financial assistance has been made available to manufacturing and non-manufacturing industries in Great Britain under parts I and II of the Industry Act 1972 in each of the last three years as follows:

Part I Payments of regional development grants
Manufacturing £ million Non-manufacturing £ million
1978–79 388.9 28.1
1979–80 318.9 11.9
1980–81 484.5 6.1
Part II Section 7: Payments of regional selective assistance
Grants £ million Loans £ million Grants £ million Loans £ million
1978–79 88.9 4.8 3.5
1979–80 68.5 1.0 3.9
1980–81 64.3 0.1 6.1
Part II Section 8: Payment of selective financial assistance
Grants £ million Loans £ million Grants £ million Loans £ million
1978–79 59.6 3.7
1979–80 68.9 5.1
1980–81 69.5 4.3

Regional development grants ceased to be available to non-manufacturing industries from 1 April 1977. Loans under section 7 were not offered after 17 July 1979 and the sectoral and investment schemes under section 8 had no provision for loans.

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