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Mr. Tony Banks
To ask the Secretary of State for the Environment if he will provide a table showing the cost to the Exchequer of enterprise zones in 1989–90 and the tax income forgone in 1989–90 for each enterprise zone.
Mr. Key
[holding answer 22 January 1991]: Compensation for rate revenue forgone by local authorities is listed in the table. The latest available estimate for capital allowances is £70 million for 1987–88; this figure is only a broad indication based on several assumptions and cannot be split between individual enterprise zones.
Compensation for rates revenue forgone in 1989–90 | |
Enterprise zone | £ million |
England | |
Allerdale | 0·168 |
Corby | 4·623 |
Dudley | 5·329 |
Glanford | 0·229 |
Hartlepool | 1·263 |
Isle of Dogs | 16·776 |
Middlesbrough | 1·106 |
North East Lancashire | 2·424 |
North West Kent | 4·764 |
Rotherham | 2·656 |
Salford/Trafford | 9·194 |
Scunthorpe | 4·683 |
Speke | 2·581 |
Telford | 4·141 |
Tyneside | 14·099 |
Wakefield | 1·745 |
Wellingborough | 1·831 |
Wales | |
Delyn | 0·763 |
Milford Haven | 0·756 |
Swansea | 3·038 |
Scotland | |
Clydebank | 12·747 |
Inverclyde | |
Invergordon | 0·246 |
Tayside | 1·902 |
Northern Ireland | |
Belfast | 3·426 |
Londonderry | 1·133 |
UNITED KINGDOM TOTAL | 92·073 |
1 Not available separately. |