MG Rover

Trade and Industry written question – answered on 13th March 2007.

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Photo of Richard Burden Richard Burden Labour, Birmingham, Northfield

To ask the Secretary of State for Trade and Industry whether funds have been transferred from his Department's science budget to the budget for work associated with the collapse of MG Rover; and if he will make a statement.

Photo of Malcolm Wicks Malcolm Wicks Minister of State (Science and Innovation), Department of Trade and Industry

holding answer 8 March 2007

DTI 2007-08 budgets face significant pressures. In order to manage these, the Department has identified budget reductions that will allow savings to be recycled to pressures. However it has also been necessary to use some of the accumulated unspent funds within the science budget to seek to manage these pressures. The pressures that require funding include, but are not limited to, the rescue package for British Energy, costs associated with the MG Rover collapse, pan European space projects and the implementation of the Waste Electrical and Electronic Equipment Directive. There will be no direct hypothecation of savings identified to individual pressures.

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