§ Mr. Trotterasked the Secretary of State for Industry if he will list the figures for aid to the shipbuilding industry since May 1979 given in reply to the hon. Member for Tynemouth on 25 October, Official Report, c. 29, expressed in current prices.
§ Mr. Norman LamontThe figures given in my hon. Friend's reply of 25 October from 1979–80 onwards expressed in 1981–82 prices are as follows:
NLF and PDC (£ million) 1979–80 1980–81 1981–82 Since May 19792021; NLF*/PDC †236.9 121.8 107 484.3 Subsidies under section 7 and 8 of the Industry Act 40.8 44.2 45.9 153.1 Construction grants under section 11 of the 1972 Act 0.3 0.1 0.3 0.5 Shipbuilding redundancy payments 20.3 22.6 14.4 61.2 298.3 188.7 167.6 699.1 * National loan fund advanced on an interim basis.
† Net. All outstanding NLF loans were repaid in full with interest on 21 December 1979 and were replaced by PDC.
‡ Figures for payments since May 1979 include payments made in the current year 1982–83 up to 25 October 1982.