|Previous Section||Index||Home Page|
Expenditure by each of the remaining two Executive Agencies (i.e. Small Business Service and National Weights and Measurement Laboratory) by Government Office regions could only be made available at disproportionate cost.
(a) Data for UK exports of services to Libya are not available. The ONS UK Balance of Payments Pink Book gives a figure of £391 million for UK exports of services in 2005 to North African countries other than Egypt and Morocco.
(b) UK exports of food and animals to Libya were worth about £4.8 million in 2005 and £6.2 million from January to November 2006.
Mr. McCartney: UK Trade and Investment, the lead Government organisation that supports companies in the UK trading internationally and overseas companies seeking to locate in the UK, has not made a separate assessment of the scale of financial support and investment by UK companies in Zimbabwe.
There are no trade sanctions or embargoes against British companies doing business in Zimbabwe. UK companies continue to do business in Zimbabwe but trade between the two countries has declined in recent years. In 2005 two-way trade was worth £66 million down from £143 million in 2000 (Office of National Statistics, Business Monitor MA4). The net book value of UK Foreign Direct Investment in Zimbabwe was £52 million at the end of financial year 2005 (ONS).
Mr. Jim Cunningham: To ask the Secretary of State for Trade and Industry what steps his Department is taking to encourage (a) manufacturing and (b) research and development in (i) Coventry, South and (ii) the West Midlands region. 
Margaret Hodge [holding answer 8 February 2007]: The Government are strongly committed to the development of a high value-added modern manufacturing sector which competes effectively in global markets. We have been extremely successful in providing a stable macro-economic framework in which business can prosper and grow and are taking action through the manufacturing strategy to enable manufacturers in all regions, including the West Midlands, to move to high value-added production through the application of science and innovation and the development of world-class skills.
We have successful manufacturing sectors; in 2006 our automotive sector produced more than 1.4 million vehicles, and our aerospace industry had a turnover of over £29 billion and invested £2.7 billion in R and D. New high-tech manufacturing markets are emergingour bioscience industry is the largest industry in Europe and our environmental industries, worth £25 billion, are growing at a rate of 10 per cent. a year.
We set up the Manufacturing Advisory Service in 2002 which has generated £277 million of added value and we have extended the research and development tax credit which has had 22,000 claims and provides £600 million a year in Government support, the majority of which goes to manufacturers. We have put £370 million into the Technology Programme which
has supported 600 collaborative R and D projects and 19 Knowledge Transfer Networks since its launch in 2003.
Selective Finance for Investment in England (SFIE) and its predecessor RSA have provided 7,403 grants worth £2.6 billion, creating £21.6 billion of investment and creating/safeguarding 437,271 jobs from April 1997 to March 2006around 80 per cent. of which are in manufacturing.
According to a survey of 1,000 multinationals conducted by AT Kearney, the UK ranked fourth worldwide as a future location for direct investment (ahead of any other EU country). In comparison Germany was ninth, France was 14th, and Italy was 19th. 75,000 new jobs were created by direct inward investment into the UK in 2004-05.
Government have taken the lead by encouraging investment in R and D, creating incentives for companies to invest in their future. We introduced the R and D tax credit to promote investment and stimulate innovation. It has provided £977 million in support for SMEs, the majority of which has gone to manufacturers.
Number of offers made234
Number of jobs created3,929
Number of jobs safeguarded3,888
Amount of assistance£42 million
Number of offers made27
Number of jobs created676
Number of jobs safeguarded435
Amount of assistance£8 million
Number of offers64
Amount of assistance£4.8 million
Number of offers18
Amount of assistance£1,051,000
Number of offers4
Amount of assistance185,056
Advantage West Midlands has supported the University of Warwick Science Park Concepts Fund, effectively a proof of concept fund with business
support activity tacked on to it, and has also supported the Mercia Spinner Fund to encourage university spin outs.
Manufacturing is, and will continue to be, of huge significance to the West Midlands economy. By 2015, West Midlands manufacturing is expected to contribute 20 per cent. of the regions gross value added (GVA)the highest of any other UK region.
Mr. Dismore: To ask the Secretary of State for Trade and Industry, further to the answer of 17 October 2006, Official Report, column 1095W, references 93489, 93070 and 93218, on the Medical Research Council, when Professor Blakemore will write to the hon. Member for Hendon. 
Mr. Hands: To ask the Secretary of State for Trade and Industry when he was first informed of the most recent forecasts of the commercial revenues of the Nuclear Decommissioning Authority; and if he will make a statement. 
Malcolm Wicks: The NDA provide regular information to the Department about expenditure on their nuclear decommissioning and clean-up programmes as well as forecast commercial income. The NDA's Annual Report and Accounts 2005/06 and the draft Annual Plan for 2007/08 (which are available on the NDA website at www.nda.gov.uk) contain information on NDA commercial operations.
To ask the Secretary of State for Trade and Industry what estimate his Department has made of the overall cost to the Nuclear Decommissioning Authority of the closure of the THORP facility at the
Sellafield nuclear reprocessing plant; and if he will make a statement. 
Anne Main: To ask the Secretary of State for Trade and Industry what (a) discussions and (b) studies his Department has undertaken on the impact of nuclear power stations upon climate change; and if he will make a statement. 
In the context of the Energy Review, DTI has considered a range of assessments covering the life cycle carbon emissions of generating electricity from nuclear power plants. Whilst approaches to assessment differ between individual studies, findings consistently demonstrate significant carbon emissions benefits from nuclear in comparison to fossil fuel plants. A useful summary of relevant studies is included at Annex A to the Sustainable Development Commissions Paper 2: Reducing CO2 emissions - nuclear and the alternatives.
Margaret Hodge: One NorthEast manage their resources at a sub-regional level, working through sub-regional partnerships in Durham, Northumberland, Tyne and Wear and Tees Valley. This approach builds on coalitions of local partners, working together to allocate resources to projects across local authority boundaries. The following table sets out those allocations for 2005-06.
|Northumberland||Tyne and Wear||Durham||Tees Valley||Total|
Mr. Moore: To ask the Secretary of State for Trade and Industry, pursuant to the Answer of 5 February 2007, Official Report, column 734W, what assessment he has made of the extent to which the Department has sufficient resources to meet the Governments deadline of responding to the Post Office consultation within three weeks and one day of the end of the consultation period. 
Jim Fitzpatrick: The Department is capturing and considering responses to consultation as they arrive and has sufficient resource to meet the expected timetable of responding to the consultation in March.
Information relating to the proceedings of Cabinet Committees, including when and how often they meet, is generally not disclosed as
to do so could harm the frankness and candour of internal discussion. However, I can confirm that the Committee did meet in advance of the Statement to Parliament on 14 December 2006.
Jim Fitzpatrick: The Governments proposals for the Post Office network include an 18-month compensated closure programme of sub-post offices starting in summer 2007. Compensation for sub-postmasters will not be available beyond the end of the compensated closure programme.
Mr. Streeter: To ask the Secretary of State for Trade and Industry what progress has been made in the construction of an energy park at Langage, Devon, following the issuing of a licence by his Department. 
Malcolm Wicks: The overall development has been subject to initial teething problems as is to be expected in a proposal of this size and complexity, and the main parties are seeking to resolve these matters.
|Next Section||Index||Home Page|