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Regional Development Agency: Finance

Volume 497: debated on Wednesday 14 October 2009

To ask the Minister of State, Department for Business, Innovation and Skills what the annual budget is for each year to 2011 of each (a) national and (b) UKTI programme operated by regional development agencies and not included in the Solutions for Business portfolio. (291355)

[holding answer 16 September 2009]: The RDA total budget for 2009-10 is £2.253 billion and the budget for 2010-11 is £1.762 billion. RDAs are in the process of producing revised corporate plans showing how this will be spent in each region. The amount of money spent by each agency on Solutions for Business products and on other types of intervention will vary according to local and regional need for particular forms of business support and the wider economic context.