HC Deb 20 October 1993 vol 230 cc245-6W
Mr. Wareing

To ask the President of the Board of Trade what progress is being made to enable funds to be allocated to Merseyside as a result of its designation within objective 1 status; what is the total amount to be allocated; what changes have taken place in the allocated amount; and if he will make a statement.

Mr. Sainsbury

[holding answer 18 October 1993]: The objective 1 funds to be allocated to Merseyside are 840 mecu at 1992 prices, as I announced in my written answer to my hon. Friend the Member for Exeter (Sir J. Hannam) on 27 July, Official Report, column 948.

A regional development plan is currently being prepared by the Government in consultation with local interests as required by the regulations and will shortly be transmitted by the Government to the Commission.

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