§ 24. Mr. ReedTo ask the Chancellor of the Exchequer what plans he has for encouraging greater economic growth in the East Midlands. [97013]
§ Miss Melanie JohnsonSince the election we have been putting in place a new framework of stability, employability, productivity and responsibility to deliver the Government's objectives of high and stable levels of growth and employment. This framework offers the best prospect of increased prosperity for all—both in the East Midlands and the rest of the UK.
The East Midlands Development Agency, which became operational from 1 April this year, will help to further economic development and regeneration in the East Midlands. In promoting employment, business efficiency, investment and competitiveness, the agency will work with business and the wider community towards the Government's aim of sustained economic prosperity.