§ 43. Mr. Hicks
asked the Secretary of State for Trade and Industry what is his policy for the establishment of development agencies in England; and if he will agree to the formation of a development agency for Devon and Cornwall.
§ Mr. Giles Shaw
In the particular circumstances of England I see no overall advantage in the establishment by182W central Government of regional development agencies, I do, however, welcome local initiatives aimed at creating regional development companies—such as that recently created in the north of England by employers, employee representatives and local authorities there—where local interests feel that such companies would be appropriate and successful.