Mr. John Mark Taylorasked the Secretary of State for Trade and Industry what assessment he has made of the factors most likely to improve business prospects in the midlands; and if he will make a statement.
§ Mr. Giles ShawThe best prospects for business lie in the Government's economic and industrial policies which are creating conditions for sustainable growth in jobs and output. A large part of the midlands was designated as an assisted area two years ago. Companies there are already benefitting from financial assistance from my Department although it is too early to carry out a full assessment of the impact of these measures.