HC Deb 03 March 1981 vol 1000 cc74-5W
Mr. Emery

asked the Secretary of State for Employment whether he will list the total aid given to industry out of public funds by his Department or by organisations reporting to him for each of the last 10 years and for that part of the present year available, in actual money terms and expressed in financial terms of the value of money the first year of the series; and how many companies or organisations received this aid.

Mr. Peter Morrison

[pursuant to his reply, 18 February 1981, c. 133]: The total aid given to industry by my Department in each of the last 10 years and for the current year to the end of January is as follows:

Year Actual Expenditure At Constant Prices*
1970–71 1053.3 1053.3
1971–72 824.6 760.2
1972–73 575.7 490.5
1973–74 242.5 191.7
1974–75 167.1 118.0
1975–76 239.6 141.2
1976–77 344.3 164.4
1977–78 230.3 94.4
1978–79 207.6 77.4
1979–80 171.3 58.4
1980–81 259.9 74.9
The retail price index has been used to calculate constant prices.

The information about the number of companies or organisations receiving aid is not available for the period in question.