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National Coal Board (Eec Loans)

Volume 898: debated on Monday 20 October 1975

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asked the Secretary of State for Energy what moneys the National Coal Board has received from EEC sources in grants and loans with reduced interest charges since Great Britain's entry into the Community; and for what purposes.

Total moneys received by the board up to 30th September 1975 are as follows:

£ million
Loans at favourable rates of interest for plant, machinery and colliery modernisation77·874
Low interest loans for improvements to miners' houses1·636
Grants for research2·168
Grants to assist redeployment and training of redundant mine-workers2·0
Further loans and grants have been approved but the board has not yet received them.In addition £2·25 million has been received by the Government towards the costs of the Redundant Mineworkers Payments Scheme.