§ Mr. GunnellTo ask the President of the Board of Trade how many companies from overseas qualified for regional selective assistance between(a) March 1979 and June 1983, (b) June 1983 and June 1987 and (c) June 1987 and May 1992; and what was the total amount of regional selective assistance paid to them in each period.
§ Mr. Charles Wardle[holding answer 27 October 1994]: The number of offers of regional selective assistance made to foreign-owned companies in each of the periods and the amount of grant paid was as follows:
Number of offers made Amount paid in period £ million 1 March 1979 to 30 June 1983 203 22.5 1 July 1983 to 30 June 1987 274 31.5 1 July 1987 to 31 May 1992 275 81.5
§ Mr. GunnellTo ask the President of the Board of Trade how many jobs were created by those overseas companies receiving regional selective assistance between(a) March 1979 and June 1983, (b) June 1983 and June 1987 and (c) June 1987 and May 1992.
§ Mr. Charles Wardle[holding answer 27 October 1994]: The number of jobs created by foreign-owned companies related to offers of regional selective assistance accepted in the periods was as follows:
Period Number of Jobs to date 1 March 1979 to 30 June 1983 13,815 1 July 1983 to 30 June 1987 23,418 1 July 1987 to 31 May 1992 14,420
§ Mr. GunnellTo ask the President of the Board of Trade how many inward investments which received regional selective assistance between(a) March 1979 and 997W June 1993, (b) between June 1983 and June 1989 and (c) between June 1989 and May 1992 have since closed the operation for which the grants were received and, in the case of (a) and (b), how many such closures have taken place in the past four years.
§ Mr. Charles Wardle[holding answer 27 October 1994]: Regional selective assistance projects are normally monitored for only a limited number of years after final payment of the grant; complete information on this question is not available.