Dr. John CunninghamTo ask the President of the Board of Trade what steps he has taken to promote west Cumbria as a destination for inward investment.
§ Mr. HeseltineThe Invest in Britain Bureau is responsible for promoting the UK as a destination for foreign investment. It has achieved some notable successes over recent years. At regional level the Invest in Britain Bureau part-funds a network of regional development organisations to promote overseas investment. Cumbria is served by INWARD, which received a grant of £1.29 million for 1994–95 to promote inward investment into the whole of the north-west region. The county also benefits from the activities of the Northern Development Company in this respect. At a more local level, my Department has contributed to the Cumbria marketing initiative and has worked closely with west Cumbria agencies to improve the attractiveness of the area for inward investment. West Cumbria benefits from the availability of regional selective assistance and a major investment programme by English Partnerships.