Business of the House

Brian Binley Excerpts

Thursday 14th October 2010 Commons Chamber

[Sir George Young]

The Secretary of State for Wales and the Minister with responsibility for political and constitutional reform, my hon. Friend the Member for Forest of Dean (Mr Harper) discussed the Bill’s provisions and their effect on Wales with Members who represent Welsh constituencies at a recent meeting in the House. The Secretary of State has set out her reasons for not acceding to the request of the former Secretary of State for Wales, the right hon. Member for Torfaen (Paul Murphy). There are Welsh-specific clauses in the Bill that will provide adequate opportunities for Members from Wales to have the same opportunity as other Members to raise their concerns in the House.

[Mr Brian Binley (Northampton South) (Con)]

The regulators are placing great demands on the banks to build up capital reserves while, as we learned today, 125,000 small businesses are in danger of going to the wall. Will the Leader of the House arrange a debate in Government time so that we can talk about ways of unlocking that money to ensure that small businesses can play their part in ensuring the success of the Budget strategy?

[Sir George Young]

Of course the banks, particularly those in which the Government have a substantial stake, should help to promote recovery by lending to small businesses that have worthwhile propositions. I am not sure that there is a total contradiction between rebuilding the balance sheets on the one hand and lending to small businesses on the other. If one has a robust balance sheet, it should be possible to make more provision for lending.