ARCHIVES HISTORIQUES 
DE LA COMMISSION 
 
 
 
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DOCUMENTS "COM" 
 
 
 
 
COM (85) 094 
 
 
 
Vol. 1985/0 028 
  
 
Disclaimer  
Conformém ent au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983 
concernant l'ouverture au public des archives historiques de la Communauté économique 
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983, 
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003 
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents 
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit 
règlem ent. 
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983 
concerning the opening to the public of the historical archives of the European Econom ic 
Communit y and the European Atom ic Energy Communit y (OJ L 43, 15.2.1983, p. 1), as 
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243, 
27.9.2003, p. 1), t his file is open to the public. Where necessary, classified documents in this 
file have been declassified in conformity with Article 5 of the aforementioned regulation.  
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom  1. 
Februa r 1983 über die Freigabe der historischen Archive der Europäischen  
Wirtschaftsgemeinschaft und der Europäischen Atomgem einschaft (ABI. L 43 vom  15.2.1983,  
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. Septem ber 2003  
(ABI. L 243 v om 27.9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit  
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5  
der genannten Verordnung freigegeben.  
COMMISSION  
OF THE
EUROPEAN COMMUNITIES
General  Secretariat
COMMUNICATION_FROM_THE_COMMISSICN_TO_THE_COUNCIL
Request fo r assent, pursuant to  A r tic le  5 6 (2 )(a) of the E C S C  Treaty 
to  the granting o f a global loan to  the Investors in Industry 
Group, P .L.C ., United Kingdom
COM (85) 94 fin a lC O M(85) 94 fin a l
Brussels,
14 March 1985
FOR OFFICIAL U S E  ONLY

F O R  OFFICIAL U S E  O N LY
Communication to the Council
Subject :  Request fo r assent, pursuant to A rtic le  56 2a) of the E C S C  Treaty'
to the granting of a  global loan to the Investors in Industry 
Group, p » l*c » , United Kingdom»
FINANCIAL INTERMEDIARY
No.410
Appli cant Investors in Industry Group, p»l»c,
Registered O ffice 91, Waterloo Road, 
London, SEI 8XP
Shareholders Bank of .England 1 5 %  
Bank of Scotland 3 %  
Barclays Bank 19 %  
Lloyds Bank 1 4 %  
Midland Bank 18 %  
Royal Bank of Scotland 7 %  
National Westminster Bank 24%
RECIPIENTS
F ield of A c tiv ity  of 
re c ip ie n tsIn d u stria l and Commercial Finance Corporation 
Limited, a  division of the Investors in 
Industry Group, p»l»c», which w ill sub-lend 
to small and medium-sized firms for the expan 
sion of existing and/or the creation of new 
a c tiv itie s »
In d u stria l and service sectors»

-  2 -
I I I .  T H E  PROJECT
Procedure
This loan is in a d d itio n  to 
In th is  instance the C o m m  is:: 
make UKt 30 m illio n  (about 
the Investors in Ind u stry C  
in sub-loans to small and n 
E C S C  employment areas. The i  
ments over three years as : ·  
Commission w ill approve in; 
basis of it s  published ope; 
No. C  191 of 16 J u ly , 1983). 
annually to the Commission 
loan, on the to ta l number ;  
occupied, and on the re-emr.'  
by the sub-borrowers.■vious global loans, 
decided to 
ioECU) availabLe to 
,.c. to be disbursed 
red businesses in 
l be paid in in s ta l- 
are approved. The 
sub-loans on the 
in c ip le s  (O.J. 
oup w il l report 
ede of the global 
-eated and a c tu a lly  
• „m ex-ECSC workers
Total amount of
investment : at least U K fc  60,000,000 96.577 MioECU)
IV. T H E  REGION
P roject lo catio n  : E C S C  employment areas in B ri: 'tside these areas
the s t r ic t  social clause w iJ  lie d  (O .J. C  191
of 16.7.1983, para. 14, seer nee).
Unemployment rate : Wales 17.0%
Scotland 15.5%
England 12,6%
B rita in  13.4%
National aid status of
p ro je c t area : steel and coal closure areas

- 3  -
V. C O N F O R M IT Y  W IT H  ARTICLE 56 2a) O F  T H E  E C S C  T R E A T Y
E C S C  redundancies in 1977  _  1932  job losses
project area :
----------------------  Wales : 35-710
Scotland 
6-995
England 55-001
Britain 97-706
Jobs to be created Assuming that a ll the jobs w ill be created in
by the project :  p rio rity  E C S C  employment areas, som e 3622
*  economically viable jobs w ill be involved-
Training :  Through the Manpower Services Commission and
by the sub-loan recipients-
The Commission considers that the application complies with A rticle 56 2a) 
of the E C S C  Treaty.
VI. G L O B A L  L O A N
Loan applied forU K fc  30,000,000 ( _ +  48-288 MioECU)
Loan to be granted The Commission has approved a  loan of 
U K fc  30,000,000 (about 48-288 MioECU) or 
equivalent to the above mentioned in s titu tio n  
(1)
Interest rebate 5 percentage points per year for five years 
on 48-280 M ioEC U -
Job basis of interest rebate :  2414 jobs· (i.e. two thirds of .the jobs to be
created).
VII. C O U N C IL A S S E N T
The Commission requests the Council to give its  assent to the foregoing 
decision
(1  )  In accordance with the application c rite ria  (0J C  191, 16 July 1  983).