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Mr. Frank Field
asked the Secretary of State for Trade and Industry if he will list for each year since 1979–80 the
1979–80 | 1980–81 | 1981–82 | 1982–83 | 1983–84 | 1984–85 | |
Government subsidy for British Shipbuilders* (£ million) | †267 | 150 | 153 | 114 | ‡220 | ‡154 |
Percentage of sales value of work done | 32·8 | 16·7 | 14·9 | 10·4 | 24·8 | 17·3 |
Subsidy per employee (£) | 3,338 | 2,143 | 2,297 | 1,770 | 3,780 | 3,359 |
* Intervention fund assistance and payments of public dividend capital to British Shipbuilders. | ||||||
† Includes public dividend capital provided to permit a repayment of a £55 million loan from the National Loans Fund. | ||||||
‡ Excludes the cost of the sale of Scott Lithgow Ltd. to Trafalgar House Ltd. in March 1984. |