§ Mr. Nicholas BrownTo ask the Secretary of State for the Environment what loan facilities or other financial assistance he has approved to enable the Newcastle urban development corporation to finance the public sector contribution to the east Newcastle quayside development.
§ Mr. PortilloTo date Tyne and Wear Development Corporation has been given approval for expenditure totalling £12.6 million in connection with the redevelopment of the east Quayside area of which it has so far spent about £5 million. In addition, land is being acquired through vesting orders approved by Parliament, on which it has spent £473,000. The Department is currently considering the full project submission.