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Regional Development Agencies: Finance

Volume 465: debated on Tuesday 23 October 2007

To ask the Secretary of State for Business, Enterprise and Regulatory Reform what the (a) total budget and (b) estimated administration costs are of each regional development agency in England in 2007-08. (158117)

The Regional Development Agencies’ grant in aid and their administration budgets for 2007-08 are set out in the following table.

£000

Grant in aid

Administration

Advantage West Midlands

296,165

20,896

East of England

139,279

11,427

East Midlands

178,624

16,500

North West

402,315

38,236

ONE

281,553

22,958

South East

166,241

20,300

South West

162,495

23,545

Yorkshire Forward

309,976

19,919

1 RDAs have other sources of income other than grant in aid (including European funding and coalfields funding).

The Mayor approves the LDA’s budget for administration.