HC Deb 13 March 1986 vol 93 cc589-90W
Mr. Penhaligon

asked the Chancellor of the Exchequer if he will list separately for the counties of Devon and Cornwall for the period 1976 to 1985 the moneys received in each of the counties as loans from the European investment bank.

Mr. Brooke

The value of loans signed for the period 1976 to 1985 is shown in the following table:

Direct loans from EIB Own Resources
£ million
Devon Cornwall
1976 4.0
1977 2.5
1978 4.0
1979 7.2
1980 *2.1 *3.9

Devon Cornwall
1981 *2.1 *6.9
1982 *3.6 *1.4
1983 4.0
1984 *7.6 *1.4
1985 10.0
Total 40.6 20.1
* Includes EIB rough estimate of allocations to Cornwall/Devon in respect of four EIB loans for water supply and sewerage treatment in the south-west region conducted by the South West water authority.

In addition, the two counties may have benefited from global loans to help small and medium-sized enterprises in the assisted areas, but detailed information on these loans is not readily available.

Mr. Penhaligon

asked the Chancellor of the Exchequer if he will indicate for the years 1976 to 1985 the value of aid granted for projects in Devon and Cornwall separately by the European Community under the supplementary measures.

Mr. Brooke

Supplementary measures did not begin until 1980, when the United Kingdom's transitional own resources arrangements agreed on accession expired.

Payments under the 30 May 1980 agreement to reduce the United Kingdom's net contribution by supplementary measures were made in respect of the 1980, 1981 and 1982 budgets. They included expenditure in support of public expenditure programmes in the assisted areas of the south-west region, that is the whole of Cornwall and the western part of Devon. The total money involved was

£ million
1980 (paid in 1981) 1981 (paid in 1982) 1982 (paid in 1983)
Roads programme 0.3 6.4
Rail programme 3.7 0.6
Electricity 2.0
Water & sewerage 5.3 7.6 3.9
Telecommunications 13.8 12.8 5.1
Total 22.8 22.7 16.0

Most of these programmes covered a large number of small projects and it is not possible to allocate them between Devon and Cornwall. Two projects in Cornwall which did receive specific support from the 1980 and 1981 refunds were the St. Neots-Colliford impounding reservoir and the Camborne-Redruth main drainage scheme.

Arrangements for refunds in respect of 1983 were different, and the payments were all allocated to individual projects. Those in the Devon and Cornwall area which received support were work on the M5 near Tiverton (Devon) (£4.7 million) and work on the A38 at the Tamar bridge (£10.8 million).

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