HL Deb 15 November 2004 vol 666 cc45-6WS
Lord Sainsbury of Turville

My right honourable friend the Secretary of State for Trade and Industry (Ms Hewitt) has made the following Written Statement.

Subject to parliamentary approval of the necessary supplementary estimate, UK Trade and Investment's resource DEL will be increased by £1,800,000 from £97,287,000 to £99,087,000. Within the DEL change, the impact on resources and capital is set out in the following table:

£000s
New DEL
Change Voted Non-voted Total
Resource 1,800 99,087 0 99,087
Capital 0 248 248
Depreciation* 0 -187 0 -187
Total 1,800 99,148 0 99,148
*Depreciation, which forms part of resource DEL, is excluded from the total DEL since capital DEL includes capital spending and to include depreciation of those assets would lead to double counting.

The change in the resource element of the DEL. arises from:

  1. (i) utilisation of £2,000,000 from the unused balance of the department's end-year flexibility entitlement to meet increased requirement for resources particularly in the regions and on inward investment.
  2. (ii) a transfer of resources to the Department of Transport of £200,000 in respect of the travel costs for the special representative for international trade and investment.