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Mr. Meacher
asked the Secretary of State for Industry what is the total level of all forms of State aid, both direct and indirect, to the private sector of industry over each of the last 10 years; and what are the components making up the total annually and for each of these years.
£ million at 1979 survey prices | ||||||||||||
71–72 | 72–73 | 73–74 | 74–75 | 75–76 | 76–77 | 77–78 | 78–79 | |||||
Regional Development Grants' Provision for Land and Buildings and Investment Grants | … | … | … | 970 | 610 | 560 | 500 | 450 | 420 | 340 | 350 | |
Sections 7 and 8 of the Industry Act 1972 Local Authority Act 1972 and NEB funding | … | … | … | … | 20 | 50 | 80 | 120 | 550 | 330 | 480 | 360 |
Aerospace, Shipbuilding R & D and miscellaneous support | … | … | … | … | 460 | 520 | 600 | 630 | 500 | 290 | 30 | 70 |
TOTAL | 1,450 | 1,180 | 1,240 | 1,250 | 1,500 | 1,040 | 850 | 780 |