Speeches

Gareth Thomas – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

The below Parliamentary question was asked by Gareth Thomas on 2016-10-11.

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will bring forward proposals for a further round of Regional Growth Funding; and if he will make a statement.

Margot James

Following the 2015 Spending Review no future rounds are proposed. The economic context has changed since 2011 when the first round of the Regional Growth Fund (RGF) was launched. The economy has recovered significantly and the employment rate has now reached record levels. The RGF is already achieving its task to deliver jobs and sustainable private sector led growth to areas previously dependent on the public sector.