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Sir T. Kitson
asked the Secretary of State for Industry if he will set out the number of companies that have been assisted in Northallerton and Richmond within the development areas.
Mr. Cryer
From August 1972 to 28th February 1977 nine offers of selective financial assistance totalling £89, 000 had been made to companies in Northallerton and Richmond under Section 7 of the Industry Act 1972. These are expected to lead to the creation of 335 new jobs in these areas. Six applications amounting to £1,225,000 were under consideration under both Sections 7 and 8 involving a further 173 jobs. Companies in these areas may also claim regional development grant paid under Part 1 of the Industry Act.