Business Expansion Scheme

HC Deb 03 July 1989 vol 156 cc35-6W

Mr. Ron Davies

To ask the Chancellor of the Exchequer if he will publish a table showing total sums raised under the business expansion scheme, by region, for the last full year for which figures are available.

Mr. Norman Lamont

[holding answer 27 June 1989]: Provisional estimates of regional investment through the business expansion scheme for the year 1987–88 are as follows:

Region	1987–88
	£ million
England
South East	134
East Anglia	8
South West	15
West Midlands	8
East Midlands	3
Yorkshire and Humberside	5
North and North-West	6

Region	1987–88
	£ million
Wales	2
Scotland	11
Northern Ireland	1
Total	194

Notes

1. The estimates represent investment in 1987–88. Some money raised by BES approved funds during 1987–88 may not be invested until 1988–89.

2. Each company is allocated to a region by the address of its registered office; it may conduct business elsewhere.