HC Deb 29 February 1984 vol 55 cc193-5W
Mr. Raffan

asked the Secretary of State for Trade and Industry if he will list the total amount of Government grants and loans to industry in Wales for which his Department was responsible during the last financial year.

Mr. Trippier

[pursuant to his reply, 28 February 1984]: In the last financial year, 1982–83, regional

year from 1960 at (i) current and (ii) 1983 prices; and if he will provide corresponding figures for net outward investment and the surplus/deficit over net inward investment.

Mr Trippier

The available information is only in current prices and is:

development grant totalling £121,527,000 was paid to industry in Wales. Comparable figures for the other forms of grant and loan assistance for which the Department of Trade and Industry is responsible can only be provided at disproportionate cost.

Mr. Raffan

asked the Secretary of State for Trade and Industry (1) if he will list the total amount of European Economic Community aid to industry in Wales which was channelled through his Department during the last financial year;

(2) what has been the total amount of European Economic Community grants and loans to British industry in the last financial year.

Mr. Trippier

[pursuant to his reply, 28 February 1984]: The details are contained in the following table which relates to the Commission financial year, that is, 1 January to 31 December 1985:

Type of Assistance United Kingdom Total Wales
European Regional
Development Fund Grants
(a)* Quota Section 43.6 12.7
(b) Non-Quota Section 0.9 0.3
European Investment Bank Loans 23.4 1.1
European Coal and Steel Community Loans 25.2 4.6
* Grants paid from the Quota Section of the ERDF are retained by the Government as a partial repayment of domestic regional aid, as provided for in Article 4.2(b) of the ERDF regulation.

Mr. Raffan

asked the Secretary of State for Trade and Industry what has been the total amount of Government grants and loans to industry in the last financial year.

Mr. Trippier

[pursuant to his reply, 28 February 1984]: As shown in table 2.4 of Volume II of the Government's "Expenditure Plans 1984–85 to 1986–87" (Cmnd 9143–11), total expenditure by the Department of Trade and Industry in 1982–83 was 2,269 million of which direct assistance by grant and loan to industry amounted to about 1,100 million.