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Business

Volume 471: debated on Monday 28 January 2008

To ask the Secretary of State for Culture, Media and Sport what his Department's planned expenditure on business support, promotion of enterprise and economic development is for each year from 2007-08 to 2010-11; and which elements of this expenditure are planned to be funded through regional development agencies' single pot. (179228)

[holding answer 15 January 2008]: My Department provides the following funding for tourism:

£ million

2007-08

2008-09

2009-10

2010-11

VisitBritain

50

48

45

41

Regional development agencies single budget

4

4

3

3

Greater London Authority

2

2

1tba

1tba

1 Tourism funding agreement between the department for culture, media and sport and the Greater London Authority will be subject to the tourism strategic review.

Note:

Figures for 2008-09 to 2010-11 are from CSR2007 settlement, with some rounding adjustments.

The regional development agencies single budget is intended to deliver a range of statutory objectives including regeneration, business support, employment, skills and sustainable development. Detailed proposals for business support covering the next three years will be set out in the regional development agencies’ corporate plans which will be published in the spring.

In addition, my Department will also provide up to £3 million per year for the next three years to support projects that might emerge through the process of Government engagement with the creative industries.