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House of Commons Hansard
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Local Authority Business Growth Incentive Scheme
23 March 2010
Volume 508
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To ask the Secretary of State for Communities and Local Government how much his Department has allocated to the local authority business growth incentive scheme in each year to date; and whether he expects the scheme to continue after 2010-11. [323308]

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For the period 2005-06 to 2007-08, £1 billion was allocated to LABGI: £935 million to England and £65 million to Wales. The National Assembly for Wales has been responsible for distribution of its LABGI allocation.

In England, the Government have given the following total sums in LABGI grants each year:

£

2005-06

115,455,797

2006-07

328,003,805

2007-08

92,152,517

2008-09

396,194,175

2009-10

50,000,000

The Government have recently indicated that they intend to distribute LABGI grant totalling £50 million in 2010-11.

Decisions about the future of LABGI will be taken as part of the next spending review.