§ Mr. Frank FieldTo ask the Secretary of State for the Environment what is the planned expenditure in respect of all current or planned enterprise zones in(a) 1993–94, (b) 1994–95 and (c) 1995–96.
§ Mr. Robin Squire. The principal costs of enterprise zones are rate relief and capital allowances. Neither can be accurately calculated in advance as they are dependent upon the rate of development on the individual zones. Current forecasts are as follows:
1993–94 £ million 1994–95 £ million 1995–96 £ million Rate relief 21.2 8.7 7.9 Capital allowances 30.8 7.9 8.0 Plans for enterprise zones for colliery closure areas are still being formulated and are not therefore included in the above figures.