Question

To ask the Secretary of State for Business, Innovation and Skills, what proportion of funds from withdrawn awards under each round of the regional growth fund (RGF) (a) have been recycled into the RGF, (b) have been recycled into other programmes or budgets of his Department, (c) have been returned to HM Treasury and (d) have been reallocated elsewhere.

Unused funds from withdrawn awards have generally been used to increase the funding for later rounds of the Regional Growth Fund (RGF) or to fund exceptional RGF awards. It is not possible to track the precise re-allocation of funding released specifically from withdrawn awards under each round.