Single Regeneration Budget

Ways and Means – in the House of Commons at 3:31 pm on 29th November 1994.

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As a former Minister with responsibilities for the inner cities, 'I am pleased to say that within the single regeneration budget we have found extra resources to support new projects in our rundown urban areas and elsewhere. My right hon. Friend the Secretary of State for the Environment will be providing for more projects under the current bidding round and he will be able to conduct a second round of bidding with funds starting in 1996–97. In all, there will be more than £800 million for new regeneration projects over the next three years.