HC Deb 03 July 1989 vol 156 cc35-6W
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
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.