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Business

Work and Pensions written question – answered on 21st January 2008.

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Photo of Mark Prisk Mark Prisk Shadow Minister (Business, Enterprise and Regulatory Reform)

To ask the Secretary of State for Work and Pensions what his Department's planned expenditure on business support, promotion of enterprise and economic development is for each year from 2007-08 to 2010-11; and which elements of this expenditure are planned to be funded through regional development agencies' single pot.

Photo of Caroline Flint Caroline Flint Minister of State (Department for Work and Pensions) (Employment and Welfare Reform)

holding answer 15 January 2008

The primary focus of DWP's policies is to help individuals move into and progress in work, especially people claiming out-of-work benefits and others who face particular disadvantages in the labour market.

Though not directly intended as business support or the promotion of enterprise, both employers and the economy will benefit from policies that promote higher levels of employment by improving the functioning of the labour market and ensuring there is a wider pool of potential recruits for the vacancies that employers need to fill.

In addition, some of our labour market help to individuals has a more direct effect on employers. Through the new deal self-employment option, support is offered to individuals who want to set up their own business. Other measures, such as local employment partnerships, aim to help more of our priority customers into work through working with employers to develop ways of increasing the efficiency of job matching or improving work-related skills.

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