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Mr. Prescott
asked the Minister of Agriculture, Fisheries and Food what subsidies and grants have been made available to the fishing industry; and what were their yearly total amounts for the last five years.
Mr. Peart
Under United Kingdom provisions grants are available for the acquisition of new vessels and the improvement of existing ones. Subsidy was paid for a number of years prior to 31st July 1973. No payments have yet been made under the scheme of temporary aid covering the first six months of this year. The yearly total amounts paid to the United Kingdom industry for the last five years have been:
Grants | Subsidy | |
£ m. | £ m. | |
1970–71 | 3·1 | 2·8 |
1971–72 | 4·0 | 2·0 |
1972–73 | 6·7 | 1·8 |
1973–74 | 7·8 | 0·5 |
1974–75 | 6·5 | — |