§ Mr. Sheermanasked the Paymaster General what was the distribution of loans on the loan guarantee scheme by (a) amount loaned, (b) number of employees in the company and (c) turnover of the company to which money has been loaned for each year since the introduction of the scheme in 1981.
§ Mr. TrippierThe following information is available:
A. Loans covered by the loan guarantee scheme since its inception in 1981 broken down by size of loan Amount of loan £ Number of loans Percentage of total 0 to 15,000 5,558 30 15,001 to 30,000 5,368 29 30,001 to 45,000 2,434 13 45,001 to 60,000 2,101 11 60,001 to 75,000 2,880 16 Notes:
(a) The maximum size of loan under the scheme has been £75,000 throughout the period.
(b) A business may obtain more than one loan (up to a cumulative maximum of £75,000). The figures given are for the number of loans.
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B. Employment data are collected from time to time in sample surveys of firms receiving loans under the scheme. The following information is derived from the latest survey data on loans issued in the stated period Number employed Percentage of firms in size categories 1981 1982 1983 mid 1984–85 0 to 5 24 25 26 47 5½ to 10 38 33 38 22 10½ to 15 11 18 15 10 15½ to 20 11 4 7 9 Over 20 16 20 24 12
§ Mr. Alan ClarkThe following table shows the available information, which is also in the Library. Figures are given for the United Kingdom and the standard economic planning regions for November of each year since 1979. They are adjusted for discontinuities and relate to unemployed claimants, seasonally adjusted excluding school leavers. Unemployment rates are the number of unemployed expressed as a percentage of employees in employment plus the unemployed. Precise unemployment figures for social security regions are not available except at disproportionate cost.
Notes:
(a) Part-time employees are counted as ½
(b) Data relates to loans in force and employment at the time of the survey.
C. The following information on turnover is on the same basis as the employment information in B above Turnover range Percentage of firms in size categories £ 1981 1982 1983 mid 1984–85 Up to 100,000 22 27 22 29 100,001 to 200,000 30 25 19 31 200,001 to 30,000 14 6 11 10 300,001 to 400,000 19 8 17 8 400,001 to 500,000 11 4 9 8 500,001 to 750,000 3 12 13 6 750,001 to 1 million 0 12 2 7 Over 1 million 3 6 7 7 Note:
Figures give estimated annual turnover at the time of the survey.