Alison McGovern
Main Page: Alison McGovern (Labour - Wirral South)(11 years, 8 months ago)
Commons ChamberRead Full debate Read Hansard Text
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Vince Cable
The hon. Gentleman has his own very distinctive and unique style which we all admire. What I said goes in tandem with the announcements that my colleagues and I made this morning about scrapping a substantial amount of red tape. Of course, for large parts of the small-scale business sector that is rather more crucial. The two things coexist.
Alison McGovern (Wirral South) (Lab)
Further to the Secretary of State’s comments about tax, what conversations has he had with the Treasury about helping businesses that want to invest in the technology that we will need if the coalition Government are sincere about rebalancing the economy?
Vince Cable
I meet the Chancellor very frequently. He has supported, through the autumn statement and the Budget, a whole series of innovation spending, building on the science budget, which, as the hon. Lady will remember, was ring-fenced in the spending review. He understands the needs in this area very well.