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New Factories, Wales

Volume 529: debated on Tuesday 29 June 1954

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asked the President of the Board of Trade the latest figures for approvals of new factories and extensions in Wales and Monmouthshire; how these figures compare with Scotland and England, respectively; and whether, on a percentage basis, this shows an improvement or decline in the relative position of Wales as compared with recent years.

Since the answer contains a table of figures I will, with permission, circulate it in the OFFICIAL REPORT.

Can my hon. and learned Friend say whether Wales is holding its position in this matter?

I hope that my hon. Friend will study the figures. He will understand that for this year we have the figures for the first quarter only, which is a short period on which to base an annual estimate.

Following are the figures:

The figures, which are based on estimates of value made by applicants for industrial development certificates, are as follow:

195219531st Quarter, 1954
Wales and Monmouthshire1·520·8*1·5
England (excl. Mon.)43·364·226·6
Great Britain51·491·129·68
Wales as per cent, of Great Britain (value basis) per cent. 2·9per cent. 22·8per cent. 5·0

* This figure includes two very large steel projects.