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Small Firms Employment Subsidy

Volume 981: debated on Tuesday 18 March 1980

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asked the Secretary of State for Employment what percentage of the small firms employment subsidy was received by new firms and small firms with fewer than 50 employees.

I regret that information in the precise form requested is not available. However, it is estimated that about 95 per cent. of firms which applied for subsidy under the small firms employment subsidy scheme employed fewer than 50 workers and that about 15 per cent. were new firms.