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Income net means by the pub, a measure used by corporations whose pubs are led by tenants rather managed by the company, was flat in the six months to the end of September, an improvement compared to a fall in the first half 3pc and a 8pc drag in the second half of last year.

Exlcuding costs, profit before tax at $ 175 million from ￡ 208 m ￡ year dernier.recettes decreased to 758 million to ￡ 818 million of ￡ due to the small size of the undertaking.

"To change the period of decline and start growing, we pass through a period where the growth is flat," said Ted Tuppen, Chief Executive. "I believe that it is very creditable results.?

The company plans to begin to pay a dividend again in the "medium term", although Mr. Tuppen wouldn't pull what time scale means.

Concerns about the consumer after the VAT rise in January and in the public sector employment losses mean now is not the time to "appropriate" to restart the payment to the shareholders, the company said.

But also to improve the quality of the pubs it is running, Enterprise has paid its significant net debt, debt reduction to ￡ 3 United for ￡ 3 68bn at the end of September.

Company now has 6,820 pubs and aims to sell 500 to 600 this year.

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Local Enterprise partnerships may be supported by experts employed by the Department of enterprise trade to manage investments and exports drive, said the Minister.

Testify at a Board of communes on the Government's plans to replace eight of the nine French regional development agencies with up to 58 companies local partnerships (LEPs), Mark Prisk, the Minister, stated strategic oversight of investment activities happen in areas of Whitehall.

However, UK Trade & Investment, trade promotion agency would be its existing trade and foreign investment staff available from PrP.

"You can have a national organization with strong roots of United Kingdom," he told MEPs in the Committee. "This means having a presence in these communities."

UKTI has approximately 300 consulting business based English regions, often located in the same place with regional agencies. Their functions are carried out by separate development in Scotland, from the North and Wales Ireland agencies. But at present it is that foreign investment specialists located in London and the foreign embassies and consulates.

Mr. Prisk declared with the UKTI budget always in doubt - "they don't have a budget immediately", he said - Whitehall Wednesday, expenditure review would clarify what are were available, whereas a growth policy document will outline plans of the Government for the PrP.

Separately, M. Prisk admitted to members that the process of replacing regional organizations with local groups composed of local authorities and business leaders was "complex" and looked at some disagreements between these groups on local priorities.He said: "There will be some quarrels in some parts of the country,".but he added that some Sara submissions evaluated by officials were strong and those acting as "Scouts", showing the still disagree on what could be done. " "I think that these disputes will begin to fade," he said.

PRI's beginning is announced in time to start bidding for project funding regional growth fund ￡ billion in December, Mr. Prisk informed officials Committee.

He said that the PRI also receive funding direct from Whitehall departments to provide certain services such as support for the entreprises.Il would be fired on core funding. ""We are trying to detail what we can and cannot finance", he said.

Mr. Prisk added that active Agency existing development, such as land and buildings and commitments could be dealt with on a "case by case basis" in the discussion with local business partners.

Where VR has not declared that training is a priority, M. Prisk envisaged local further education colleges and meet the needs of local employers in training, he added. ""The two sit very well together," he said.

UKTI, which will be supervised by the former HSBC Chairman Stephen Green joined the Government as Minister of trade in the new year, said he helped companies 25,000 claimed and last year generate broadcasts ￡ economy.

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