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Debate between Lord Barker of Battle and Paul Blomfield(12 years, 9 months ago)
Commons ChamberRead Full debate Read Hansard Text
Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
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Paul Blomfield (Sheffield Central) (Lab)
As we see this Government’s credentials as “the greenest ever” crumbling before our eyes, where is the Secretary of State?
Gregory Barker
This may come as a surprise, but we have a team on this side of the House. I have been leading on this issue, and the Secretary of State is very happy for me to do so. [Interruption.]
Oral Answers to Questions
Debate between Lord Barker of Battle and Paul Blomfield(13 years, 9 months ago)
Commons ChamberRead Full debate Read Hansard Text
Paul Blomfield (Sheffield Central) (Lab)
T8. The Minister has acknowledged the importance of private sector investment in the green investment bank. Will he outline to the House what practical steps are being taken to obtain such investment, and does he recognise that the delay in making a detailed statement about the bank’s function and structure is causing uncertainty in the sector, which will frustrate that investment?
Gregory Barker
We are not rushing to get this right in a matter of weeks. We are talking at length and in great detail with all the major participants in the City of London, and we have great support—as witnessed by a letter to the Prime Minister from the chairman of the green investment bank commission this week—from the major institutions and investors who know that the important thing is that we get this right. Compared with the speed of the previous Government, we are moving like lightning.