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Funding (London)

Volume 447: debated on Thursday 22 June 2006

To ask the Secretary of State for Trade and Industry which organisations in each London (a) borough and (b) constituency are receiving funding from (i) his Department and (ii) the London Development Agency in 2006-07; and what total amount of funding is being made available in each case. (77660)

Figures are not yet available about the organisations which will receive funding from the Department of Trade and Industry in 2006-07, broken down by London borough or constituency. According to the latest figures available, DTI spent £559 million in London in 2004-05, mainly on enterprise, economic development, and science and technology. Further details can be found in “Public Expenditure Statistical Analysis 2006” published by the Treasury in May 2006.

The London Development Agency, a functional body of the Mayor of London which receives a block grant from DTI, is responsible for promoting economic development in London. The following table provides a breakdown of the LDA's expected expenditure by London borough in 2006-07. Data on the organisations receiving this funding are not available.

Borough

2006-07 Forecast (£ million)

Barking and Dagenham

6.3

Barnet

0.4

Bexley

1.9

Brent

15.9

Bromley

0.2

Camden

4.9

City of London

1.1

Croydon

0.9

Ealing

2.7

Enfield

1.2

Greenwich

5.3

Hackney

56.1

Hammersmith and Fulham

3.1

Haringey

5.6

Harrow

0.6

Havering

4.2

Hillingdon

1.1

Hounslow

1.2

Islington

1.8

Kensington and Chelsea

0.4

Kingston upon Thames

0.5

Lambeth

2.9

Lewisham

8.8

Merton

0.5

Newham

61.6

Redbridge

0.5

Richmond upon Thames

0.5

Southwark

5.6

Sutton

0.5

Tower Hamlets

61.9

Waltham Forest

48.3

Wandsworth

2.1

Westminster

1.9

Total

310.5