Andrew Stephenson
Main Page: Andrew Stephenson (Conservative - Pendle)(11 years, 8 months ago)
Commons ChamberRead Full debate Read Hansard Text
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Vince Cable
We are of course dealing with a gradual evolution of policy; business wants certainty and clarity, rather than sudden changes. I return to the point I made in response to the hon. Member for Streatham: we are starting from an inherited position on the manufacturing industry that was very weak after a long period of decline. Turning that around will not be easy.
Andrew Stephenson (Pendle) (Con)
The Secretary of State had a starring role in the Channel 4 programme “Bank of Dave”, in which I made a brief cameo appearance. He talked today about access to finance being a key part of an industrial strategy. I hope he agrees with me that local banks such as Dave’s bank have a key role to play in that.
Vince Cable
I thank my colleague for that. I have met Dave. He is an impressive entrepreneur and very public-spirited and, as I understand it, is doing a great job in Burnley in channelling savings directly to local businesses. That seems an extremely attractive model that could well be reproduced elsewhere.