Grants

HC Deb 02 December 1982 vol 33 cc237-9W

Mr. Sheerman

asked the Secretary of State for Industry (1) what has been the total amount of grants from his Department to the Yorkshire and Humberside region in the last 20 years or since records have been kept;

(2) if he will show the total amount of grants from his Department to (a) the Yorkshire and Humberside region, (b) Scotland and (c) Wales by year since 1959; and if he will express these figures in terms of group income per head of the population.

Mr. MacGregor

To provide all the information requested (if it is available) would require a disproportionate amount of effort. The following table shows only what can readily be extracted from the annual report on the Industry Act 1972.

The information is as follows:

I hope to be in a position to publish the results of the second telephone survey shortly. However, it must be recognised that there is a considerable degree of uncertainty in assessing the job creation impact of the scheme at this early stage and also in isolating the effect of the scheme from other factors.

Mr. Grylls

asked the Secretary of State for Industry if he will publish details of the claims made by each participating bank, under the loan guarantee scheme, for each month since its start in 1981.

Mr. MacGregor

As with details of guarantees issued to individual participating banks, details of claims made by each of the banks are subject to commercial confidentiality. I regret that I am therefore unable to provide the figures requested.

Mr. Grylls

asked the Secretary of State for Industry if he will publish the income received and the payment made to banks by his Department in the financial year 1981–82 and to the most convenient date in 1982–83 under the loan guarantee scheme.

Mr. MacGregor

The latest figures requested, on a comparable basis, are as follows:

	Premium income (£'000)	Payments on called guarantees (£'000)
1 June 1981 to 31 March 1982	735	208
1 April 1982 to 31 October 1982	1,960	3,295

The Department has also received a small amount in respect of realised security; further recoveries from those cases where the guarantee has been called are likely, although the amounts involved will be relatively small. The amount received in premium income for November 1982 is not yet available but further payments have been authorised in November to meet claims, which accounts for the figure of £4.5 million I reported to the House in the debate on 26 November 1982.