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Ne Development Area (Loans)

Volume 498: debated on Monday 31 March 1952

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asked the Chancellor of the Exchequer the total amount of the loans made during 1951–52 under Section 4 of the Distribution of Industries Act, 1945, to firms in the North East Development Area.

The total amount of loans made to concerns in the North East Development Area under Section 4 of the Distribution of Industry Act 1945, during the period 1st April, 1951, to date was £101,200. The total commitments during the year were £119,350.