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Regional Aid

Volume 229: debated on Thursday 22 July 1993

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To ask the President of the Board of Trade how many firms that have received regional selective assistance in the northern region in each of the last five years have ceased trading; and how many jobs were lost as a consequence.

[holding answer 19 July 1993]: I refer the hon. Member to my reply of 12 July 1993, Official Report, columns 346–47. Figures on firms ceasing to trade and jobs lost are not available. However, the number of firms in the Northern region having received RSA and which are known to have become subject to insolvency proceedings, are given below.

Number of firms
1988–8921
1989–9029
1990–9123
1991–9215
1992–933

Note: The firms are included in the year in which grant was last paid.