Invest to Save Initiative

HC Deb 19 May 1999 vol 331 c366W

Mr. Gareth R. Thomas

To ask the Chancellor of the Exchequer what progress is being made on the Government's Invest to Save Initiative. [83653]

Mr. Milburn

I refer my hon. Friend to the reply I gave to my hon. Friend the Member for Preseli Pembrokeshire (Ms Lawrence) on 13 January 1999,Official Report, columns 193–95 This lists the projects which were allocated resources from the Invest to Save Budget following the first bidding round.

Guidance has now been issued for a second bidding round, which will provide funding for new projects from 2000. Bids are invited from all public sector bodies and expressions of interest should be submitted to the Treasury by 31 May 1999.