PARLIAMENTARY EARLY DAY MOTION
EAST MIDLANDS REGIONAL DEVELOPMENT AGENCY (2 June 2010)

That this House applauds the work of the East Midlands Regional Development Agency (EMRDA) in promoting sustainable economic growth across the region by consistently meeting or exceeding its output targets, including directly creating or safeguarding 13,195 jobs, 2,718 businesses, assisting a further 29,819 companies to improve their performance and over 31,209 people their skills and development needs, and remediating 85 hectares of brownfield land; fully recognises the role the EMRDA has played in delivering such results whilst driving down its own administration costs year on year to a level of around only six per cent. of its total operating budget, a factor required by independent performance assessments carried out by the National Audit Office, which found it to be the top performing regional development agency; further notes that a stated aim of the new coalition Government is to rebalance the economy with far more emphasis on manufacturing which in EMRDA's geographical area represents the highest proportion of any English region; and calls on the Government further to recognise this excellent body's achievement of having every £1 of its monies invested generating in excesses of £9 for the East Midlands economy.

Sponsored by:
Mr Graham Allen (Labour)