HC Deb 01 March 2001 vol 363 c766W
24. Dr. Iddon

To ask the Chancellor of the Exchequer what steps he is taking to encourage investment in enterprises in disadvantaged areas. [150160]

30. Mr. Colman

To ask the Chancellor of the Exchequer what steps he is taking to encourage investment in enterprises in disadvantaged areas. [150166]

Mr. Timms

The Government have set up the Phoenix Fund, under the Small Business Service, to encourage and stimulate enterprise and business creation in disadvantaged areas. The Government are also taking forward the recommendations of the Social Investment Task Force, for example the proposal for a community investment tax credit. The Government are also supporting the Inner City 100, which celebrates the fastest-growing companies in the most disadvantaged areas of 15 inner cities.

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