§ Mr. CousinsTo ask the President of the Board of Trade what is the value of grants of selective assistance and other regional incentives awarded to De la Rue Gateshead in the last four years; and if the terms of the grants for machinery allow for the transfer of equipment outside the United Kingdom. [47734]
§ Mrs. RocheThe company received an offer of Regional Selective Assistance (RSA) of £900,000 in May 1996 towards capital investment at its Gateshead premises. The Department has made no other offers of assistance for this site in the past four years.
The RSA offer provides for the recovery of grant should the company cease to use any of the assisted machinery at Gateshead.