§ Mr. Fosterasked the Secretary of State for the Environment how much public money is allocated to urban development corporations; and what proportion is designated for industrial development.
§ Mr. KingThe initial public expenditure provision for urban development corporations is £82 million in 1981–82242W and £64 million in 1982–83. The bulk of these resources will be spent in acquiring and preparing land, providing infrastructure and environmental improvement, so as to generate private investment in industrial, commercial and housing development. For direct industrial investment we have provided £870,000 for grants and loans to firms under the Inner Urban Areas Act 1978 in 1981–82 and hope to provide £1,850,000 for this purpose in 1982–83.
§ Mr. Fosterasked the Secretary of State for the Environment if he will publish the allocation of urban aid funds by local authority and English region and expressed as a percentage of the total.