Oral Answers to Questions

Debate between Diana Johnson and Greg Clark

Thursday 11th September 2014 Commons Chamber

[Greg Clark]

I will indeed. Along with my hon. Friend the Life Sciences Minister I was with the chancellor of the university of Manchester yesterday. I congratulate the vice-chancellor, Nancy Rothwell, and all responsible on securing a huge coup for this country. Having a Nobel prize-winning piece of research located for the future in the UK and in the north-west is a cause for great celebration.

[Diana Johnson (Kingston upon Hull North) (Lab)]

7. What steps the Government are taking to ensure the value of the minimum wage keeps pace with inflation and encourage firms to pay a living wage.

Oral Answers to Questions

Debate between Diana Johnson and Greg Clark

Tuesday 25th March 2014 Commons Chamber

[Greg Clark]

I will certainly do that. Having been in Coventry yesterday to sign the Coventry and Warwickshire city deal, which focuses precisely on advanced manufacturing, I know that there is great recognition that the whole of the west midlands has a big opportunity to come together to ensure that the order books that are filling up can be supported by companies in the supply chain. I will take my hon. Friend’s representations on board as we negotiate the growth deals during the weeks ahead.

[Diana Johnson (Kingston upon Hull North) (Lab)]

5. What devolved regeneration funding will be available to areas recently granted city deals.

Banking Reform

Debate between Diana Johnson and Greg Clark

Monday 4th February 2013 Commons Chamber

[Greg Clark]

My hon. Friend is right, but I think we have already had the intelligent debate. The Government asked the commission to look into that issue in particular and to make recommendations, and the commission expressed the interim view that it was reasonable—as my hon. Friend says—for simple derivatives to be provided from within a ring-fenced bank. However, it wants to reflect further on whether any of its inquiries into the culture of banking may have implications for that. We will await its conclusions.

[Diana Johnson (Kingston upon Hull North) (Lab)]

Following the bank mergers, many regional banks and building societies have gone, and we have lost the investments that they would have made at local level. Will the Minister explain how the Bill will enable areas such as Yorkshire to benefit, and can he assure us that it will not be just the south-east that benefits from the increase in the number of banks?

[Greg Clark]

The hon. Lady makes an excellent point. I should like very much to see banks in our great regional cities, as used to be the case: banks that can take deposits from local people and, knowing what local investment opportunities they have in the area, can establish a connection. So far it has been very difficult for new banks to obtain banking licences within a reasonable period, and to satisfy the regulatory requirements. We are doing all that we can to lower the barriers to entry, so that we can achieve exactly what the hon. Lady has described.

Oral Answers to Questions

Debate between Diana Johnson and Greg Clark

Thursday 24th May 2012 Commons Chamber

[Greg Clark]

If the allegations are correct, the companies will need assistance to cope. An investigation on that is about to conclude. I will take the matter forward with the hon. Gentleman and am happy to discuss it outside this place with his Front Benchers.

[Diana Johnson (Kingston upon Hull North) (Lab)]

10. If he will assess the commercial prospects of the caravan manufacturing industry in and around Hull.

[The Minister of State, Department for Communities and Local Government (Greg Clark)]

The Government recognise the important contribution of caravan manufacturing to Hull and the importance of the caravan industry in other areas. I am aware of the concerns across the country about the effects of the proposed VAT changes. Although that is clearly a matter for the Treasury, as the hon. Lady understands, she will know that I, as Minister for cities, have a personal commitment to and interest in the future success of Hull. If she or other Members would find it helpful, I should be happy to visit Hull over the next few weeks to meet manufacturers.

[Diana Johnson]

If the coalition really is supportive of Hull and caravan manufacturing, can the Minister explain why the Treasury thinks that putting VAT at 20% on static caravans, which we know will result in a 30% drop in the market, less money going to the Treasury and 7,000 job losses across the country, will help manufacturing in my city?

[Greg Clark]

As I think the hon. Lady knows—I also pay tribute to my hon. Friend the Member for Beverley and Holderness (Mr Stuart) and other Members across the House who have raised concerns about the impact of the proposal—the consultation has been extended. She and others have had meetings with Treasury Ministers and clearly made a forceful case, because the extension has been made. I know that Ministers are seriously considering this matter. I will be happy to meet her and manufacturers. I know the importance of the caravan industry; when I was growing up I spent my holidays in a static caravan on the north-east coast. I am keen to do what I can.