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Government Aid

Volume 930: debated on Thursday 28 April 1977

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asked the Secretary of State for Industry what were the total sums made available by his Department in each of the last three financial years to British industry by way either of grant or loan at non-commercial interest rates.

The total of grants and loans made by my Department to private industry in the last three years at 1976 Survey prices was as follows:

£m
1974–75663
1975–76606
1976–77 (Estimate)599
Departmental records do not distinguish between loans made at commercial and non-commercial rates.