§ Mr. Ron Davies
To ask the Chancellor of the Exchequer if he will publish a table showing total sums raised under the business expansion scheme, by region, for the last full year for which figures are available.
§ Mr. Norman Lamont
[holding answer 27 June 1989]: Provisional estimates of regional investment through the business expansion scheme for the year 1987–88 are as follows:
Region 1987–88 £ million England South East 134 East Anglia 8 South West 15 West Midlands 8 East Midlands 3 Yorkshire and Humberside 5 North and North-West 6
Region 1987–88 £ million Wales 2 Scotland 11 Northern Ireland 1 Total 194
1. The estimates represent investment in 1987–88. Some money raised by BES approved funds during 1987–88 may not be invested until 1988–89.
2. Each company is allocated to a region by the address of its registered office; it may conduct business elsewhere.