HC Deb 12 July 1999 vol 335 cc42-3W
Mr. Chope

To ask the Secretary of State for Trade and Industry what estimate he has made of the level of inward investment into the South West Government Office region for the last five years for which figures are available. [90962]

Mr. Wills

The following figures are based on information provided by companies at the time of the announcement of the decision to invest in the UK. They are based on the companies' best estimate, at that time, of the number of jobs to be created/safeguarded by the investment in its first three years.

There is no requirement to notify the Department and so the figures include only those projects where the Department's Invest in Britain Bureau and its regional partners were involved or which have come to their notice. Comprehensive capital expenditure details are often not available at the time of the decision to invest, and are therefore not included.

Region/year Number of the projects Total number new jobs Total number safeguarded jobs Total number associated jobs
South west
1993–94 12 1,065 1,112 2,117
1994–95 21 1,366 707 2,093
1995–96 17 1,718 2,582 4,300
1996–97 30 2,3054 8,928 11,232
1997–98 40 3,205 1,735 4,940