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Regional Development Agencies

Trade and Industry written question – answered on 14th May 2003.

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Photo of Karen Buck Karen Buck Labour, Regent's Park and Kensington North

To ask the Secretary of State for Trade and Industry if she will list funding allocated (a) to each regional development agency, (b) to the London Development Agency and (c) in total in (i) 2001–02, (ii) 2002–03 and (iii) 2003–04 (estimated).

Photo of Alan Johnson Alan Johnson Minister of State (Employment Relations, Industry & the Regions)

Budget allocations, in £000s, to the Regional Development Agencies, including the London Development Agency, for 2001–02, 2002–03 and 2003–04 are given in the following table.

Regional Development Agency (3)2001–02 (3)2002–03 (4)2003–04
Advantage West Midlands 170,850 205,156 216,026
East of England Development Agency 62,596 89,413 81,299
East Midlands Development Agency 97,439 102,892 127,211
North West Development Agency 276,872 274,855 318,478
One North East 162,671 193,828 219,256
South East of England Development Agency 110,542 115,034 123,952
South West of England Regional Development Agency 91,940 101,958 101,061
Yorkshire Forward 246,267 210,274 243,287
London Development Agency 289,141 296,059 291,239
Total 1,508,318 1,589,469 1,721,809

(3) Budgets are net of receipts forecast to be generated by the Agencies and include changes approved during the financial year in respect of End Year Flexibility entitlement, claims on the Contingency Reserve and budget swaps between Agencies.

(4) Indicative allocations.

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