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Community Development: Finance

Volume 470: debated on Friday 25 January 2008

To ask the Secretary of State for Communities and Local Government what her Department's planned expenditure on business support, promotion of enterprise and economic development is from 2007-08 to 2010-11; and which elements of this expenditure are planned to be funded through the regional development agencies' single pot. (179275)

Communities and Local Government will provide £l,586 million in 2007-08, £l,548 million in 2008-09, £1,510 million in 2009-10 and £1,474 million in 2010-11 to the regional development agencies' single budget. The RDA single budget is intended to deliver a range of statutory objectives including regeneration, business support, employment, skills and sustainable development. The RDAs’ detailed proposals for business support covering the next three years will be set out in their corporate plans which will be published in the spring.

Communities and Local Government does not hold separate expenditure data for the range of the Department's planned spending on business support or promotion of enterprise and economic development, although the Department's funding is expected to contribute significantly to these areas, including through the RDAs.