§ Lord Greaves
asked Her Majesty's Government:
Whether the opportunity to gain "more investment" in the three regions in the North of England, as described by the Deputy Prime Minister in his Statement of 16 June (HC Deb, col. 23), includes an increased amount of investment by the Government. [HL3793]
§ The Minister of State, Office of the Deputy Prime Minister (Lord Rooker)
Chapter 5 of the White Paper,Your Region, Your Choice: Revitalising the English Regions (Cm 5511), sets out the funding arrangements for elected assemblies.
Elected regional assemblies will take responsibilities for programmes that are currently carried out at regional level and their funds will be calculated on the same basis as other regions.
Extra money will be available to reward elected assemblies which achieve or exceed targets agreed with central government. This money will not be taken from regions without an elected assembly.