Carillion: Insolvency

Department for Business, Energy and Industrial Strategy written question – answered on 29th January 2018.

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Photo of Bill Esterson Bill Esterson Shadow Minister (Business, Energy and Industrial Strategy), Shadow Minister (International Trade)

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 22 January 2018 to Question 123102, on Carillion: Insolvency, what additional resources he is providing to the Local Growth Hubs referred to in that Answer.

Photo of Andrew Griffiths Andrew Griffiths Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

We have announced within the Industrial Strategy our intention to ensure all businesses in every region have access to a Growth Hub. We will therefore build on this programme, providing a further £24m of core funding to Local Enterprise Partnerships (LEPs) for Growth Hubs (£12m in 2018-19 and a further £12m in 2019-2020), with allocations to LEPs remaining at current levels over this 2 year period.

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