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1140933

registered interest
date	22/07/2019
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Enterprise Zones: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the adequacy of funding allocated to enterprise zones.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	280194
answer	answer is ministerial correction date of answer 31/07/2019 answer text <p>Enterprise Zones act as a driving force for growth in local economies as they unlock key development sites, consolidate infrastructure, attract business and create jobs across 48 locations within England.</p><p> </p><p>Government has provided a range of funding and other incentives for Enterprise Zones, including a £120 million ‘Building Foundations for Growth’ grant fund to accelerate development in Enterprise Zones, a five year tax relief for businesses and simplified planning processes.</p><p> </p><p>LEPs have utilised proportions of their Growth Deal programmes to support development in their Enterprise Zones.</p><p> </p><p>The ability to retain business rates locally for 25 years allows LEPs to borrow against predicted income which provides a sustainable funding model to support improvements required in the Enterprise Zone as well as in the wider local economy.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 31/07/2019 16:10:19 answering member 4487 label Biography information for Kelly Tolhurst
tabling member	1409 label Biography information for Mr Gregory Campbell

1137187

registered interest
date	05/07/2019
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Business: Northern Ireland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Commonwealth Heads of Government meeting in April 2018 in Belfast, what progress he has made in developing a business strategy for Northern Ireland after the UK leaves the EU.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	273750
answer	answer is ministerial correction date of answer 15/07/2019 answer text <p>The Government is supporting Northern Ireland business to develop and thrive. The British Business Bank has issued 1,009 loans in Northern Ireland since 2012, to an average value of £7,217 and £7,285,132 in total and we announced in May a £105 million economic package for the Derry/Londonderry region.</p><p> </p><p>BEIS officials have an ongoing working relationship with officials in the Northern Ireland Civil Service. However, it is essential that devolved government is restored in Northern Ireland to allow for local decision-making and to continue to strengthen the economy.</p> answering member constituency Rochester and Strood answering member printed Kelly Tolhurst question first answered 15/07/2019 13:30:32 answering member 4487 label Biography information for Kelly Tolhurst previous answer version 128433 answering member constituency Rochester and Strood answering member printed Kelly Tolhurst answering member 4487 label Biography information for Kelly Tolhurst
tabling member	1409 label Biography information for Mr Gregory Campbell