10 YEARS AGO: Enterprise blunder

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The Herald.

A MASSIVE £70 million blunder involving Enterprise Zones throughout the country - including seven in East Lancashire - was revealed.

Fierce criticism of the entire Enterprise scheme was levelled by the Commons Public Accounts Committee. It claimed that money had been going to companies and firms which don't deserve it. Estimates suggested that more than £70 million was likely to be wasted by this blunder over ten years.

Converted for the new archive on 14 July 2000. Some images and formatting may have been lost in the conversion.

Get involved
with the news

Send your news & photos