Small Engineering Firms Investment Scheme

Part of Oral Answers to Questions — Industry – in the House of Commons at 12:00 am on 14th February 1983.

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Photo of Mr John MacGregor Mr John MacGregor Parliamentary Under-Secretary (Department of Industry) 12:00 am, 14th February 1983

I am in no doubt that the small engineering firms investment scheme is achieving its objectives. By 28 January 1983, 1,393 offers had been made involving assistance of £31 million, of which £8.1 million has been paid out. It is not possible to say, given the other calls on limited funds, whether there will be a new scheme.