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Government Assistance

Volume 886: debated on Thursday 13 February 1975

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asked the Secretary of State for Industry how much public money, in total and per head of population, has been given to assist private

£m. at historic prices and net of repayments
1964–651965–661966–671967–681968–69
Assistance to private industry£71£87£96£470£757
Per head of population£1·4£1·7£1·8£8·8£14·1
1969–701970–711971–721972–731973–74Total
Assistance to private industry£896£921£819£647£696£5,460
Per head of population£16·7£17·1£15·1£12·4£12·8£10·2*
* 10 year average.

asked the Secretary of State for Industry how many companies in Wales have received financial assistance from the Government during the last 12 months; and what were the figures for 1970, 1971, 1972 and 1973, respectively.

I regret that this information is not available. But the whole of Wales is in the assisted areas, and Welsh companies are, therefore, eligible for assistance under the appropriate regional support schemes. For example, selective regional assistance under Section 7 of the Industry Act is available throughout Wales, and manufacturing companies in the development areas qualify for regional development grants and regional employment premium.