Regional Growth Fund

Department for Business, Innovation and Skills written question – answered at on 2 July 2015.

Alert me about debates like this

Photo of Chuka Umunna Chuka Umunna Shadow Secretary of State for Business, Innovation and Skills

To ask the Secretary of State for Business, Innovation and Skills, how much has been returned to HM Treasury from the regional growth fund programme in each financial year of that fund's operation.

Photo of Anna Soubry Anna Soubry The Minister of State, Department for Business, Innovation and Skills

Unused funds from successive Regional Growth Fund (RGF) rounds have generally been used to increase the funding for later rounds of the RGF and to fund exceptional RGF awards. No funding was returned to HM Treasury in the financial years 2011/12 to 2014/15. Decisions on unused funds for the current and future financial years will be taken as part of the spending review process.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.