§ 16. Mr. CousinsTo ask the Secretary of State for Wales what contribution from the Welsh Development Agency and Cardiff Bay development corporation is being made to the promotion of south-east Wales as a financial services centre.
§ Mr. Peter WalkerThe campaign I launched recently to promote south-east Wales as a financial services center14W is being led by the Welsh Development Agency and backed by a consortium of six other bodies, including the Cardiff Bay development corporation.
The campaign is planned to run for two years initially The WDA proposes to contribute a maximum of £500,000 a year from within its existing marketing budget. The development corporation plans a contribution of £25,000 in each year.