§ Mr. StreeterTo ask the Prime Minister (1) if he will list the results of the Government's policies in Devon and Cornwall since 1983; and if he will make a statement;
(2) whether he will list, by Government Department, the principal aid given to Devon and Cornwall in each year since 1983.
§ The Prime MinisterSince 1983, the Department of Trade and Industry policy and programmes have committed more than £71.4 million in grants and loans to industry and commerce in Devon and Cornwall. This has created or safeguarded more than 21,000 jobs spread across 3,363 companies.
In addition, the Devon and Cornwall Development Bureau has received over £4.25 million to assist in the attraction of inward investment to the two counties. Overseas investment in the area was more than £164 million.
32WGovernment policies of low inflation, low interest rates and less regulation provide the foundation for growth across the country.