§ Mr. Thurnham
asked the Secretary of State for Trade and Industry what steps he is taking to assist the development of leisure-related industries.
§ Mr. Kenneth Baker
Selective assistance is available under section 4 of the Development of Tourism Act 1969 to encourage capital investment in viable tourism projects. These may include leisure-related developments where there is a significant tourist use. Leisure-related industries may also benefit from other support schemes for which this Department and other Departments have responsibility. The Government place importance on attracting private finance to tourism and leisure and, following an initiative of the English Tourist Board, a new private sector832W company, Leisure Development Limited, backed by five financial institutions, was set up earlier this year specifically to invest in leisure and tourism enterprises.