Is there any annual stocktake snapshot of progress towards the sustainability generally, reconciling the economic, social and environmental? Does the Board or the Agency take stock once a year and look at those trade-offs or look at the win win.
I am just looking at the aspects that we have already talked about, barriers to employment and worklessness and here are 2,000 jobs that are real, actually in place, that are under threat.
Actually `dormant' I understand means that a company is not trading and that is not the same definition which you have just used. Not trading means you are not trading.
OK, can I ask the question another way then? Would you give a grant to a company which is effectively not trading because it has got no business of any size? Would you give it to such an organisation which could hardly be called a company?
Are you confident that procedures are in place to ensure that once funding has been granted, it is actually applied appropriately and is monitored, so that money is applied in accordance with the LDA grant process, or the conditions of the grant?
As you are aware, I have been looking at the grant procedures of the LDA for some months and I have certainly identified about 20 companies that are dormant that you have given money to. I will not read out the list now, but I can certainly supply that to you.