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Regional Development Incentives

Volume 894: debated on Wednesday 25 June 1975

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asked the Secretary of State for Industry if he will estimate the cost of all types of regional development incentives available in each development area, respectively, per insured employee in that area since 1964–65.

The information is not available in precisely the form requested for all the years in question. The table below shows the amount per employee spent on regional preferential assistance by assisted area since 1966–67.

North-West RegionGreat Britain
£m.£m.Percentage
1964–655·527·520·0
1965–665·529·518·6
1966–679·045·020·0
1967–6829·0154·018·8
1968–6952·0273·019·0
1969–7060·0303·019·8
1970–7160·0311·019·3
1971–7251·0275·018·5
1972–7342·0256·016·4
1973–7458·0348·016·7

Figures are for regionally preferential expenditure only and some small items have been excluded from the North-West totals because amounts cannot be broken down by area. All expenditure is gross and no account has been taken of the differential value of tax allowances which were available at various times during the period.