§ Mr. TimmsTo ask the President of the Board of Trade what financial assistance is being provided from public funds to London Electricity to transfer its customer operations functions out of London. [4786]
§ Mr. PageI understand that London Electricity is transferring part of its customer operations functions to Doxford park in the Sunderland enterprise zone. As with any other company moving into an enterprise zone, the company will be eligible for capital allowances, and be exempt from the national non-domestic rate for the 467W remainder of the life of the enterprise zone. No direct grants are being made to London Electricity from central Government.