HC Deb 09 November 1999 vol 337 c514W
Mr. Heathcoat-Amory

To ask the Chancellor of the Exchequer how many enterprise investment schemes were undertaken in(a) 1997 and (b) 1998. [97717]

Dawn Primarolo

Available information on the number of small unquoted companies raising money by issuing shares under the Enterprise Investment Scheme, and the number and amount of subscriptions, are shown in the table. The table is based on company returns received up to July 1999. However, because of time lags in the receipt of claims, figures for more recent years are less complete than for earlier years. In particular, information for 1998–99 gives a very partial picture.

Enterprise Investment Scheme: companies, subscriptions and amount invested
Year Number of companies Number of subscriptions Amount (£ million)
1996–97 643 8,765 59.6
1997–98 615 10,305 56.7
1998–99 464 8,192 40.5

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