Local Growth White Paper Debate

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Local Growth White Paper

Tom Blenkinsop Excerpts
Thursday 28th October 2010

(13 years, 6 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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My colleague has been assiduous in pursuing me about that, and she is right to do so. That is what good constituency MPs do. There is an LEP for Derby and Derbyshire. It is one of the strongest, and I am happy to meet her to talk about the future or her specific concerns locally.

Tom Blenkinsop Portrait Tom Blenkinsop (Middlesbrough South and East Cleveland) (Lab)
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At present, £1.9 billion of England’s European regional development fund pot is still there to be spent, but in order to be drawn down, ERDF cash must be matched by other public or private sector funding, which was co-ordinated through the RDAs. I have been looking through the Minister’s booklet today and there is no clarification of the new structure. It states:

“The new delivery structure will be announced at Budget 2011.”

As the coalition has placed a freeze on RDA spending beyond March 2011, including match funding, can the Minister please clarify how we are to draw down crucial ERDF funds for places such as Teesside?

Vince Cable Portrait Vince Cable
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The hon. Gentleman is right: we need to take maximum advantage of the regional funding available from the European Union. RDAs have a residual role in that, but the process of collating our bids and making sure that we get maximum value will be led by my right hon. Friend the Secretary of State for Communities and Local Government.