HC Deb 23 February 1999 vol 326 c202W
Mr. Robathan

To ask the Secretary of State for Trade and Industry how much funding(a) London First and (b) London First Centre has received from his Department per annum since 1992; and for what purposes the funding was specified. [72167]

Mr. Wills

Since its incorporation in February 1994, London First Centre (LFC) has received annual grants from the DTI's Invest in Britain Bureau for the coordination of inward investment activities in the Greater London area of £500k (94–95); £1,000k (95–96); £1,010k (96–97); £1,015k (97–98); and £1,015k (98–99).

London First, of which LFC is a wholly owned subsidiary, has not received grant funding from the DTI. It is financed from members' contributions, donations, project and sundry income.