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European Communities (Finance) Bill

On a point raised by the Chief Secretary, he might recall that three years ago his colleagues in Sheffield were crowing about the fact that Polestar publishing had got a £6 million grant to build a new printing plant in Sheffield. At the time, I raised the concern that that would have a direct consequence for the four existing plants, including the one in Scarborough. This week, Polestar has announced 190 job losses in Scarborough as a direct consequence of that European structural funding going into that objective 1 area in Sheffield. So it is not all good news on objective 1 funding.