§ Mr. Tom ClarkeTo ask the Secretary of State for Foreign and Commonwealth Affairs how many training for investment personnel scheme places have been paid for by the Government; and what was the total cost per year since the creation of the scheme.
§ Mr. Lennox-BoydThe information is as follows:
Know-How Fund: Training for investment personnel scheme (TIPS) Year Number of trainees Total grant offered £ 1990 35 80,147 1991 166 643,629 1992 491 1,029,808 1 1993 460 843,594 Total 1,152 2,597,178 1 to 14 December Note:
The TIPS scheme finances the training of key indigenous personnel employed in British investment operations located in countries covered by the know-how fund. The training can take place either in the United Kingdom, or in-country, or—very often—both. Training in the United