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

There are many other calls on the Department's funds, many of which are of high priority. We increased the amount for the scheme because we recognised its advantages. There remains £22 million for offers that have been made and which, it they are taken up by firms, will have a good impact on the engineering industry and the manufacturing firms that provide the equipment. That sum has still to be used.