Skip to main content

Written question asked by David Laws (Liberal Democrat) on Wednesday, 12 February 2003, in the House of Commons. It was due for an answer on Tuesday, 25 February 2003. It was answered by Bill Rammell (Labour) on Tuesday, 25 February 2003 on behalf of the Foreign and Commonwealth Office.


Foreign and Commonwealth Office

Question
To ask the Secretary of State for Foreign and Commonwealth Affairs, what his estimate is of the expenditure of his Department, in enhancing the competitiveness of UK companies abroad in the latest year for which information is available; what contribution to this spending was made by the companies which benefited; and if he will make a statement. - Includes table.
Answer

Mr. Laws: To ask the Secretary of State for Foreign and Commonwealth Affairs what his estimate is of the expenditure of his Department, in enhancing the competitiveness of UK companies abroad in the latest year for which information is available; what contribution to this spending was made by the companies which benefited; and if he will make a statement. [98434] Mr. Rammell: Enhanced competitiveness of companies in the UK through overseas sales and investment is the objective of Trade Partners UK (TPUK), which is part of British Trade International. The latest available figures for TPUK funding are set out in the table. _________________________________________________________________________________________________. £ million Budget 2001-02 TPUK Outturn Programme Expenditure 61 Income -2 Administration costs DTI 28 FCO1 136 Capital DTI 5 FCO 1 _________________________________________________________________________________________________. 1 FCO administration costs are shown for the whole of BTI. The figure cannot be broken down between TPUK and Invest UK funding. Note: FCO admin spend for 2001-02 represents the net operating costs as set out in the FCO Expenditure Allocation Report 2001-02.


Secondary information

Type
Written question
Reference
98434; 400 c436W;400 c429-30W
Session
2002-03
Subjects
Public expenditure Overseas trade Trade promotion Trade Partners UK
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk