§ Mr. Blunkett
To ask the Secretary of State for the Environment (1) pursuant to his answer to the hon. Member for Newcastle upon Tyne, East (Mr. Brown) of 27 February,Official Report, column 528, if he will indicate how the figure of 5,500 as the number of jobs created as a result of the existence of the Tyne and Wear UDC was calculated;
(2) pursuant to his answer of 30 January, Official Report, column 661, how his Department calculated the figure of 1,630 as the number of jobs created or gained, to March 1990, in the Tyne and Wear UDC; and if he will make a statement.
§ Mr. Portillo
The jobs figures of 1,630 to March 1990 and 5,500 to date have been derived from three sources by the Tyne and Wear development corporation:
- 1. Property development projects in receipt of city grant for commercial end use.
- 2. Business development projects where financial support is given or committed to assist relocation or expansion.
- 3. Property and business development projects promoted and assisted by the Corporation, in the main on sites they have developed, but not involving direct grant assistance.
In all cases the jobs figures are based on actual employees together with jobs estimated by the company to be created within two years of the completion of the investment to which the company is committed.