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Co-Operatives

Volume 931: debated on Wednesday 11 May 1977

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asked the Secretary of State for Industry what are the names of the workers' co-operatives which are currently being provided with public funds; how much public money has been made available to them to date; what

NameAmount of assistanceForm of assistanceDate assistance offeredCurrent employment Men Women
£
Bardrec Ltd21,000LoanJuly 1975297
Scottish News Enterprises Ltd.1·2m.LoanApril 1975NilNil
Sunderlandia Ltd2,210GrantOctober 19737*
Kirkby Manufacturing and Engineering Ltd.3·9m.GrantNovember 1977693111
0·86m.GrantApril 1977
Meriden Motorcycles Ltd4·2m.LoanJuly 1974660*
0·75m.Grant
0·5m.GrantMarch 1977
*Total employment: separate figures not available.

millions of tons of oil equivalent and a percentage of total United Kingdom energy use.

Energy consumption is influenced by a wide variety of factors, and the reasons for changes are thus difficult, and sometimes impossible to establish. Estimates of reduced consumption due to energy conservation are, therefore, subject to great uncertainty, and the effects of contributing factors cannot be separately identified. However, after making allowance for changes in industrial output, and on the basis of historical trends, it is estimated that energy conservation, including the effects of Government's conservation programme and of energy price increases, have led to the following total reduction in final energy consumption between the beginning of 1974 and the end of 1975. The uncertainty of this calculation is indicated by the possible margins of error which are shown in the last column. Corresponding figures for the period since 1975 have not yet been evaluated.is their annual cost to public funds; how many men and women they each currently employ; and what is the value of their exports in the latest year for which figures are available.Mr. Cryer: The information in connection with selective financial assistance under Part II of the Industry Act 1972 is as follows:

Given the nature of the assistance it is not possible to ascribe to these cooperatives an annual cost to public funds. The disclosure of these companies' exports is a commercial matter for their judgment.