Department for Business, Innovation and Skills written question – answered at on 2 July 2015.
To ask the Secretary of State for Business, Innovation and Skills, how much has been returned to HM Treasury from the regional growth fund programme in each financial year of that fund's operation.
Unused funds from successive Regional Growth Fund (RGF) rounds have generally been used to increase the funding for later rounds of the RGF and to fund exceptional RGF awards. No funding was returned to HM Treasury in the financial years 2011/12 to 2014/15. Decisions on unused funds for the current and future financial years will be taken as part of the spending review process.
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