Industry: Northern Ireland
The question
To ask the Secretary of State for Business and Trade, what financial assistance has been given to Northern Ireland industry in each of the last 5 years under (a) the Industrial Development Act 1982 and (b) the Export and Investment Guarantee Act 1991.
Answered by Chris Bryant
Spend under the Industrial Development Act 1982 across the UK is reported in its annual reports (Industrial Development Act 1982: annual report - GOV.UK) and includes some support to Northern Ireland businesses, such as the Energy Intensive Industry, Music Export Growth and the Start Up Loan Schemes. Most NI industrial support is provided under the Industrial Development (Northern Ireland) Order 1982, for which the Northern Ireland Department for the Economy holds the spending details.
Over the last five years, UK Export finance (UKEF) has provided hundreds of millions of pounds of support to businesses in Northern Ireland, including a loan guarantee for Wrightbus, based in North Antrim, enabling it to sell its zero-emission buses to markets in Europe and north America.
Full details of the support provided by UKEF can be found online at: UK Export Finance: business supported - GOV.UK.
UKEF does not publish a breakdown of support provided by UK nations or regions.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →