§ Mr. Brandon Bravoasked the Secretary of State for Trade and Industry what are Her Majesty's Government's plans for expenditure on incentives to industry in the assisted areas in 1987–88.
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§ Mr. ChannonThe present public expenditure provision for regional incentives in 1987–88 is £419 million, an increase of 9 per cent., that is £36 million, on the provision contained in last year's public expenditure White Paper. Within this increased provision it has been decided that payment of grant on new applications under the new RDG scheme, RDG II, will be made two months after a claim has been approved. This will help to ensure that expenditure on regional incentives stays within 1987–88 public expenditure plans. Grants under the old RDG scheme, RDG I, will continue to be paid four months after claims have been approved.