Skip to main content

Textiles

Volume 893: debated on Monday 9 June 1975

The text on this page has been created from Hansard archive content, it may contain typographical errors.

33.

asked the Secretary of State for Industry what is the total amount of public financial assistance given to the different sectors of the British textile industry since 1965, shown on an annual basis.

Records of expenditure on certain regional incentives are not kept for individual industries, and I regret therefore that this information is not avail-

IDENTIFIABLE FINANCIAL ASSISTANCE TO THE TEXTILE INDUSTRY 1965–75
1. Research associations—(£'000)
1965196619671968196919701971197219731974
320338342355417386371357320349
2. Grants and loans under Local Employment Acts (excluding factory assistance)—(£'000)
1965–661966–671967–681968–691969–701970–711971–721972–731973–741974–75
Loans2,1178402,1801,9076,2631,9721,360890
Grants1,3882,1391,6797,5114,7903,1701,9921,73621

Note: Totals for 1965–69 include clothing and footwear industries; for 1969–70 onwards textiles only are shown.

3. Offers of assistance under Section 7 of the Industry Act 1972—(£m.)

1972–73

1973–74

1974–75

Not available4·93·6

4. Wool Textile Scheme under Section 8 to the Industry Act 1972

£2·6m. was paid out under the scheme and a further £5m. (approximate) was committed in 1974–75.

5. IRC loans—(£m.)

1966–67

1967–68

1968–69

1969–70

1970–71

1971–72

3·015·013·08·01·61·4

6. Investment grants—(£m.)

1967–68

1968–69

1969–70

1970–71

21·824·131·629·3

No analysis by industry available for later years.

7. Regional Development grants—(£m.)

1972–73

1973–74

1974–75

1·07·7Not yet available

8. Cotton and allied textile scheme—(£'000)

1965–66

1966–67

1967–68

1968–69

2,6247303(final payments)

9. Grants-in-aid to the Textile Council, Clothing Export Council and National Wool Textile Export Corporation—(£'000)

1965–66

1966–67

1967–68

1968–69

1969–70

1970–71

50032331555