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Job Creation And Redundancy Payments

Volume 87: debated on Tuesday 26 November 1985

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asked the Paymaster General if he will list the number of people in the west midlands who have subscribed to the enterprise allowance scheme and loan guarantee scheme and the number of redundancy payments to which his Department has contributed in the same region within the framework of the redundancy fund.

Since the enterprise allowance scheme began nationally on 1 August 1983, 12,215 people have joined in the west midlands region as at 31 October 1985. Between June 1981 and September 1981, 1,435 loans were granted under the loan guarantee scheme to firms in the west midlands, covering a loan value of £45·6 million. No redundancy payments figures are available separately for the west midlands.