HC Deb 22 October 1987 vol 120 c860W
Mr. John Marshall

asked the Chancellor of the Exchequer what is his latest estimate of the amount of money raised under the business expansion scheme; how many companies have succeeded in raising finance under the scheme; and what estimates there are of the number of jobs these companies will create.

Mr. Norman Lamont

The available information is as follows :

Number of companies Amount invested
£ million
1983–84 715 105
1984–85 807 148
1985–861 670 157
1 Returns received so far.

Final results for 1985–86 are expected to show a slight increase on those quoted above. Data for 1986–87 are not yet to hand. Information on the number of new jobs created as a result of investment under the scheme is not available.