asked the Secretary of State for Industry (1) whether £15 million represents the total of sums earmarked and payments due under the wool textile industry scheme and falling within the financial limit specified for Section 8 of the Industry Act 1972;
(2) if he will provide a breakdown of the £48 million committed to date under the wool textile industry scheme and the offshore credit scheme as indicated by the Minister of State, Department of Industry on 18th February ( Official Report, c. 1268).
The total sum committed under the wool textile scheme is £15 million of which £1·8 million has been paid up to the end of January. The other £33 million is the estimated amount of payments which will be made to assist eligible projects under the terms of the offshore credit scheme.