HC Deb 17 July 1985 vol 83 c150W
Mr. Fallon

asked the Secretary of State for Wales how many companies supported by the Welsh Development Agency since 1975 have failed; and what has been the cost to public funds.

Mr. Nicholas Edwards

Eighty-one of the companies in which the Welsh Development Agency has invested funds since its establishment in January 1976 have subsequently failed. The losses involved amount to just under £8 million.

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