§ Mr. BellinghamTo ask the Secretary of State for Trade and Industry how much money has been given by her Department(a) in the form of Regional Selective Assistance and (b) under the Enterprise Grant scheme; and how much of this has been paid to industrial projects that have subsequently failed. [124730]
§ Jacqui SmithExpenditure from 1 January 1997 to date was £662.1 million for Regional Selective Assistance (RSA) in England and £28.2 million for the Enterprise Grant scheme (EG) which was introduced in January 2000.
£40.1 million and £0.2 million was paid to RSA and EG projects respectively where, to date, there has been some recovery or write-off action. Many of these projects will have involved some investment but not on the scale anticipated at the time of offer.