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8 Dec 2005 : Column 1483W—continued

Housing Grants, Construction and Regeneration Act

Mrs. Curtis-Thomas: To ask the Secretary of State for Trade and Industry what the timetable is for his Department's proposals to amend the Housing Grants, Construction and Regeneration Act 1996. [35480]

Alun Michael: Officials at the Department of Trade and Industry and Welsh Assembly Government are currently preparing an analysis of the responses to the consultation and will be publishing it shortly. We have already committed to consult further on amendments to the legislation. Current plans are to issue this consultation in spring next year. The timetable for amendment to the legislation will be dependant on the outcome of this consultation and parliamentary business.

Operating and Financial Review

Mr. Davidson: To ask the Secretary of State for Trade and Industry (1) if he will make a statement on the
 
8 Dec 2005 : Column 1484W
 
Government's implementation of the Modernisation Directive requirements for an expanded directors' report for large and medium-sized companies following the Government's decision to abolish the operating and financial review; [35013]

(2) if he will make a statement on his Department's implementation of the Companies Act 1985 (Operating and Financial Review and Directors' Report etc.) Regulations 2005 (S.I. 2005/1011). [35014]

Alun Michael: The Government intend to bring forward regulations, before the recess, under section 257 of the Companies Act 1985 to repeal the provisions of that Act which impose obligations on companies in relation to the preparation of operating and financial reviews. The regulations will leave in place those provisions of the Companies Act 1985 relating to the requirements to prepare a business review which are necessary to implement the Accounts Modernisation Directive (2003/51/EC). We will also bring forward amendments to the Company Law Reform Bill in due course.

Research and Development

Mr. Hollobone: To ask the Secretary of State for Trade and Industry what the total value is of research and development grants awarded to companies in Northamptonshire in each year since 1997. [36144]

Alun Michael: From 1997 to 2004, businesses in Northamptonshire were awarded a total of £1,567,699 through Grant for Research and Development and the legacy Smart scheme as shown in the following table:
Value of offers (£)
1997131,453
1998214,051
1999260,576
2000316,425
2001203,800
2002285,000
200363,228
200494,166

Kitty Ussher: To ask the Secretary of State for Trade and Industry how many research and development grants have been awarded to companies in the (a) micro, (b) research, (c) development and (d) exceptional category of his Department's research and development programme in each year for which figures are available, broken down by region; what the total value was of private sector contributions to funded projects in each year and category; and what the nearest available equivalent information is for predecessor schemes in each of the previous five years. [35501]

Alun Michael: The number of grant for research and development awards since the product's introduction in June 2003 is shown in the following tables together with the total value of private sector contributions.
 
8 Dec 2005 : Column 1485W
 

Number of grant for research and development offers2004–05

RegionMicroResearchDevelopmentExceptional
East1028261
East Midlands1129
London329132
North East5616
North West517272
South East1113172
South West667
West Midlands41015
Yorks and Humber142114
Minimum private sector
contribution (£ million)
1.115.9332.894.98

2003–04

RegionMicroResearchDevelopmentExceptional
East1432117
East Midlands13710
London142413
North East316
North West2917171
South East1424291
South West144102
West Midlands7413
Yorks and Humber1614171
Minimum private sector
contribution (£ million)
2.175.3128.918.30

Information for the legacy Smart scheme is shown in the following tables:
Number of Smart offers2004–05

RegionMicroFeasibilityDevelopmentExceptional
East
East Midlands
London1
North East2
North West11
South East
South West
West Midlands
Yorks and Humber
Minimum private sector
contribution (£ million)
0.060.21

2003–04

RegionMicroFeasibilityDevelopmentExceptional
East781202
East Midlands4228
London242131
North East3195
North West457191
South East2084292
South West781
West Midlands282
Yorks and Humber53814
Minimum private sector
contribution (£ million)
0.485.2125.665.01

2002–03

RegionMicroFeasibilityDevelopmentExceptional
East13104491
East Midlands731292
London1843121
North East8244
North West2774321
South East20127483
South West212915
West Midlands12814
Yorks and Humber2837321
Minimum private sector
contribution (£ million)
1.386.5152.976.72









 
8 Dec 2005 : Column 1486W
 

2001–02

RegionMicroFeasibilityDevelopmentExceptions
East54828
East Midlands18227
London7265
North East11411
North West146928
South East1269193
South West2720181
West Midlands1333151
Yorks and Humber144431
Minimum private sector
contribution (£ million)
1.035.0534.505.71

2000—01

RegionMicroFeasibilityDevelopmentExceptional
East38201
East Midlands2510
London77
North East73
North West3626
South East45302
South West1610
West Midlands3315
Yorks and Humber2624
Centrally administered(6)1089
Minimum private sector
contribution (£ million)
1.023.4229.4710.36

1999–2000

RegionFeasibilityDevelopmentExceptional
East4421
East Midlands1816
London114
North East1912
North West168
South East2119
South West2214
West Midlands316
Yorks and Humber3222
Centrally administered(6)3
Minimum private sector
contribution (£ million)
3.0921.172.41

1998–99

RegionFeasibilityDevelopmentExceptional
East2822
East Midlands2614
London1210
North East168
North West1716
South East3522
South West2616
West Midlands3217
Yorks and Humber3924
Centrally administered(6)3
Minimum private sector
contribution (£ million)
3.2827.972.64


(6)Prior to August 2000, exceptional projects were administered centrally by SBS.



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