HC Deb 17 March 1998 vol 308 cc594-6W

Mr. Peter Robinson: To ask the Secretary of State for Northern Ireland if she will make a statement on the (a) level of financial investment and (b) number of jobs created by (1) LEDU and (2) the Industrial Development Board for Northern Ireland within (i) North, (ii) South, (iii) East and (iv) West Belfast for the period 1987 to 1997. [34320]

Mr. Ingram

Available information is listed in the tables. Details on jobs created by LEDU are not available by Parliamentary Constituency.

Table A: Industrial development board (IDB)
£000
Belfast constituency 87/88 88/89 89/90 90/91 91/92 92/93 93/94 94/95 95/96 96/97
Jobs safeguarded North 46 335 37 20 3 225
South 95 215 25 75 100 62 61 26
East 358 161 491 61 230 26 168 656
West 312 640 293 540 360 72 135 830 24 770
1The figures provided for IDB financial assistance relate only to Selective Financial Assistance (SFA).
2IDB figures refer to jobs promoted, not created.

Table B: "Financial Investment" by LEDU
£million
Belfast constituency Financial commitment (1 April 1988–1 December 1997)
North 18.9
South 17.7
East 11.8
West 12.4

Notes:

Above figures relate to direct assistance to companies. They include funding made available under the Making Belfast Work (MBW) Programme and the Special Support Programme for Peace and Reconciliation (SSPPR).

Information on investment prior to 1 April 1998 is not readily available in this format.

Mr. Peter Robinson

To ask the Secretary of State for Northern Ireland if she will list(a) the level of financial investment and (b) the number of jobs created by LEDU within Northern Ireland for the years 1987 to 1997. [34324]

Mr. Ingram

The expenditure figures as outlined below represent LEDU expenditure on its main programmes of support as well as expenditure incurred through the Making Belfast Work and Making Londonderry Work schemes. This financial assistance is paid out both directly to clients and indirectly through third parties providing assistance to small businesses on LEDU's behalf.

£ million
Year Expenditure
1987–88 18.0
1988–89 26.6
1989–90 28.6
1990–91 25.9
1991–92 26.2
1992–93 23.3
1993–94 22.7
1994–95 24.9
1995–96 24.1
1996–97 23.7

Prior to 1990–91 the principle measure of LEDU performance was job promotions—jobs promised by client companies in return for financial assistance. The job promotion figures for 1987–88 to 1990–91 are as follows:

Year Jobs promoted
1987–88 4,047
1988–89 4,395
1989–90 5,221
1990–91 5,501

Since 1991–92 actual net employment change within all LEDU client companies has become the principle measure of LEDU performance. Net employment change for the years 1991–92 to 1996–97 are as follows:

Year Net employment change
1991–92 -650
1992–93 730
1993–94 1,630
1994–95 3,500
1995–96 3,060
1996–97 3,525