§ Mr. Frank FieldTo ask the Secretary of State for the Environment if he will estimate the total cost of the enterprise zone scheme in terms of rate relief and capital allowances in each year since 1981 at current prices.
§ Mr. RedwoodApproximate costs in 1992–93 prices are given in the table.
Year Capital Allowances1 Rates Relief 2 £ million £ million 1981–82 35 9 1982–83 35 19 1983–84 25 23 1984–85 50 33 1985–86 85 42 1986–87 120 57 1987–88 95 73 1988–89 195 82 1989–90 160 106 1990–91 170 90 1991–92 — 80 Notes:
1The method of calculating capital allowance costs is currently being reviewed by Inland Revenue and final estimates will not be available until the summer. The estimated costs incurred in 1991–92 are not yet known.
2The cost of rate relief in 1990–91 and 1991–92 has been estimated, following the introduction of the Uniform Business Rate.
§ Mr. Frank FieldTo ask the Secretary of State for the Environment (1) what schemes for enterprise zones are in the process of preparation and adoption but not yet designated;
(2) what plans he has to invite local authorities or corporations to draw up schemes for enterprise zones in the near future.
§ Mr. RedwoodProposals for up to three new enterprise zones were announced by the President of the Board of Trade on Monday 29 March,Official Report, columns 30–31.
§ Mr. Frank FieldTo ask the Secretary of State for the Environment if he will list the planned winding-up dates of all current enterprise zone schemes.
§ Mr. RedwoodThe information is as follows:
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Date Delyn 20 July 1993 Wellingborough 25 July 1993 Rotherham 15 August 1993 Londonderry 12 September 1993 Scunthorpe 22 September 1993 Wakefield (Dale Lane and Kinsley) 22 September 1993 Workington 3 October 1993 Invergordon 6 October 1993 North West Kent Nos. 1–5 30 October 1993 Middlesbrough 7 November 1993 North East Lancashire 6 December 1993 Tayside 8 January 1994 Telford 12 January 1994 Glanford 12 April 1994 Milford Haven Waterway 23 April 1994
Date Dudley (Round Oak) 2 October 1994 Lower Swansea Valley No. 2 5 March 1995 North West Kent Nos. 6 and 7 9 October 1996 Inverclyde 2 March 1999 Sunderland 26 April 2000 Lanarkshire 31 January 2003