HC Deb 06 July 1989 vol 156 c269W
Mr. Batiste

To ask the Secretary of State for Wales how many companies in receipt of a cash grant from his Department to establish a business in Wales have discontinued such business within five years of establishment.

Mr. Peter Walker

Information in the form requested is not available. However, it is possible to provide information on companies which have received regional selective assistance. Since the introduction of the current guidelines for regional selective assistance in November 1984, two companies which received RSA towards establishing new businesses in Wales are known to have discontinued such business. These companies received some £20,000 in grant. Over the same period 80 projects received RSA to establish new businesses in Wales with associated expenditure to date of some £9 million.