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Regional Aid

Volume 167: debated on Wednesday 14 February 1990

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113.

To ask the Secretary of State for Trade and Industry what assessment he has made of the cost-effectiveness of regional selective assistance.

An evaluation of regional selective assistance (RSA) by DTI and the Scottish and Welsh Offices was completed last year. Its main conclusions were that offers of RSA made in the evaluation period (1980–84) had assisted the creation or safeguarding of over 1·1 million net job years (or 56,000 permanent jobs) in assisted areas in Great Britain at a cost of some £580 per job year (or £11,600 per job), after taking account of jobs which were not additional and of displacement effects. The report on the evaluation is due to be published by HMSO in the near future.