Trading Funds

Treasury written question – answered on 24th November 2010.

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Photo of John Thurso John Thurso Chair, Finance and Services Committee, Chair, Finance and Services Committee

To ask the Chancellor of the Exchequer whether he has made an assessment of the effects on the economy of the commercial activities of government trading funds.

Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury

Government have not undertaken a specific assessment on the effects on the economy of the commercial activities of their trading funds. However, these bodies make an important contribution to the economy, at the regional and national level, both through their own employment base and since public data which they produce can be used by other companies to produce value-added data products which can help stimulate growth.

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