As Leeds, Yorkshire is the second largest financial centre in the UK and a leader in green energy investment, does the ministerial team agree that it is the ideal location for the Green investment bank?
The ministerial team is acutely aware that it must represent all parts of the United Kingdom and that many places have a substantial and impressive claim to be the home of the Green investment bank. We await with interest the advice of the advisory board.
(13 years, 2 months ago)
Commons ChamberWill the Secretary of State give us an update on the decision-making process for the location of the green investment bank? Does he agree that the bid by Leeds, in Yorkshire, looks particularly attractive?
I see that we have now got on to the topographical, rather than the topical, part of Question Time. The Department for Business, Innovation and Skills, rather than the Department of Energy and Climate Change, has the lead responsibility for the green investment bank. Progress is being made, the advisory group has been set up, and I am confident that we will be able to make good progress in the coming months.