Public Bodies Bill [HL]

Lord Beecham Excerpts

Monday 28th February 2011 Lords Chamber

[Lord Taylor of Holbeach]

I cannot guarantee that all the 450 proposals will find funding. However, I can be sure that the ones for which funding is found will be successful and provide opportunities for the people in those areas.

[Lord Beecham]

Can the Minister indicate in monetary terms the extent of the bids that have been made?

[Lord Taylor of Holbeach]

No, I do not have that information available, but we know the amount of money that is available for the fund, which I have stated.

Finally, noble Lords raised the question of what will happen to RDA assets and activities. There has been some concern that there might be a fire sale. That is not the case. These bodies will be run down, the relevant clauses of the Bill will become law, and the RDAs will finally be abolished. RDAs have been liaising with the relevant local authorities, local enterprise partnerships and other local partners. On 31 January, all RDAs submitted detailed plans for the disposal of their assets. They recognised that there will be a variety of destinations for these assets, depending on their nature and associated liabilities. These plans are currently being scrutinised by the Government. After scrutiny, each RDA management board will sign off its plan and begin implementation. RDA asset-disposal plans have been developed while taking into account the principles that we set out in the White Paper. These include maximising value for money from these assets, ensuring that liabilities follow assets and passing control down to local level where possible. Where this is not appropriate—where, for example, an asset is of national importance, such as that set up in the south-west and mentioned in the debate, and considerable resources are needed to run it—other options will be considered.

Similarly, co-ordination of some activities formerly undertaken by RDAs will be taken back to national level, and some activities, such as those of the England Rural Development Programme, will retain local accessible support. In some cases, such as managing the European Regional Development Fund and the England Rural Development Programme, we need to ensure compliance with our obligations to the European Union. In other cases, such as co-ordination of inward investment activity, we need to ensure that we can put over a coherent and effective message to potential investors. However, even in those cases, we are setting up mechanisms under which local partnerships have the opportunity to influence policy and help drive the decisions we make. For all these reasons, we do not believe that retaining all or any of the nine RDAs will help to achieve local growth. I therefore ask the noble Baroness to withdraw her amendment, and for noble Lords not to move theirs.