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Sunderland Enterprise Zone

Volume 174: debated on Thursday 14 June 1990

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To ask the Secretary of State for the Environment what is his current estimate of the cost to Her Majesty's Government of the Sunderland enterprise zone, broken down into (a) rate relief and (b) capital allowances.

[holding answer 13 June 1990]: The initial estimate of the overall costs of the zone was given by my right hon. Friend the Chancellor of the Duchy of Lancaster on 7 December 1988. The cost of rate relief and capital allowances in the zone will depend on the progress of reclamation and development and the decisions of individual firms.