§ Mr. AllasonTo ask the President of the Board of Trade by what percentage the single regeneration budget will be reduced in 1995–96; and what will be the impact in cash terms on the Devon and Cornwall training and enterprise council's funding for business start-up.
§ Mr. CurryI have been asked to reply.
Total national expenditure on the single regeneration budget in 1995–96 is expected, on current plans, to be 8 per cent. lower in cash terms than that in 1994–95. Expenditure on business start-up schemes by Devon and Cornwall training and enterprise council in 1995–96 cannot yet be estimated. Existing commitments will continue to be honoured, but contracts for 1995–96 have not yet been signed. In addition, Devon and Cornwall 223W TEC is a partner in three successful SRB bids which include business start-up and business training and advice project. The partnerships are currently preparing their delivery plans for these schemes.