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Assistance To Industry (North-East Lancashire)

Volume 979: debated on Wednesday 20 February 1980

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asked the Secretary of State for Industry what was the total value, at constant prices, of assistance to industry in the North-East Lancashire sub-region in respect of regional development grants and other assistance under sections 7 and 8 of the Industry Act 1972, in each of the years 1973–74 to 1979–80; and what will be the estimated value of such or similar assistance in 1980–81.

The information relating to selective financial assistance offered under sections 7 and 8 of the Industry Act 1972 is as follows:

Value of offers made (£'000)
Section 7:
1973–74954
1974–751,376
1975–761,332
1976–771,321
1977–78730
1978–796,235*
1979–80 (to 31 December 1979)1,812
Section 8:
1973–74
1974–7513
1975–76205
1976–7716
1977–781,403
1978–794,014
1979–80 (to 31 December 1979)297
* Includes £3·8 million for a share of on project covering two regions.
I regret that the corresponding information relating to regional development grants and the forecast of expenditure for the North-East Lancashire sub-region cannot be provided without disproportionate cost.