§ Mr. Fosterasked the Secretary of State for Scotland how much money was given to Scotland through regional development grants and selective financial assistance from May 1979; and what percentage this figure represents of the total for Great Britain.
§ Mr. Alexander FletcherIn the period from 1 May 1979 to 30 November 1981, offers of selective financial assistance under section 7 of the 1972 Industry Act totalling £113.7 million were made to projects in Scotland. This was 32.5 per cent. of the total for Great Britain.
I am informed by my right hon. Friend the Secretary of State for Industry that the information in respect of assistance under section 8 of the 1972 Industry Act and regional development grants is as set out below:
Value (£m) Percentage of Great Britain Total Offers of selective financial assistance under Section 8 of the 1972 Industry Act (1 May 1979–30 November 1981) 3.3 2.7 Payments of Regional Development Grant (I May 1979–30 September 1981) 242.2 21.9