§ 72. Mr. YoungerTo ask the Secretary of State for Scotland if he will make a further statement on the progress being made in setting up enterprise trusts.
§ Mr. RifkindThe Government welcome the valuable contribution being made by the growing network of local enterprise trusts to the development of small businesses in Scotland. There are now 45 approved trusts operating under the aegis of Scottish Business in the Community (SCOTBIC). The "Annual Review 1988–89" recently published by SCOTBIC and the Scottish Development Agency shows that, during the period of the review, 44 trusts helped 3,900 start-up businesses and 5,700 existing businesses. The total number of jobs in the new businesses helped was 3,900 and the same number of existing jobs was supported or saved.