Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Baroness Blackwood of North Oxford Excerpts
Wednesday 30th April 2014

(10 years ago)

Commons Chamber
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Lord Maude of Horsham Portrait Mr Maude
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It is perfectly proper for Government Ministers to use the same language in Government communications as they use in their political communications. Ministers do not suddenly not become politicians when they speak as Ministers. It is just possible that I may have used today some of the same language as I would use in a purely political environment.

Baroness Blackwood of North Oxford Portrait Nicola Blackwood (Oxford West and Abingdon) (Con)
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T6. Brilliant social enterprises such as the Oxford student hub propeller project can lead the way in finding innovative solutions to social problems, but they struggle to find sustainable funding. Can the Minister tell me what progress is being made on increasing the availability of social impact bonds, which could make all the difference?

Nick Hurd Portrait The Minister for Civil Society (Mr Nick Hurd)
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My hon. Friend is entirely right: we have fantastic social enterprises in this country and they need easier access to capital. This country leads the world in developing social investment. Today we are launching two new funds that will unlock more social impact bonds to deliver what we expect to be better results for thousands of young people at risk of becoming NEET.