§ Mr. WigleyTo ask the Secretary of State for Wales what is his current estimate of the cost to the Welsh Office budget of the LG project during the present financial year; and what was the original estimate. [40363]
§ Mr. HainDirect payments expected to be made to LG from Welsh Office budgets in this financial year will be in respect of the Regional Selective Assistance grant offered to the company. As with all such grant offers, payment is made by instalments which are triggered by the achievement of specified capital expenditure and employment milestones. Details of payments actually released are not disclosed for reasons of commercial confidentiality. Payments made to date have been in line with expectations.
In addition, there will be expenditure by the Welsh Development Agency and the Training and Enterprise Council.