Oral Answers to Questions Debate
Full Debate: Read Full DebateChris Williamson
Main Page: Chris Williamson (Independent - Derby North)Department Debates - View all Chris Williamson's debates with the Department for International Development
(11 years, 8 months ago)
Commons ChamberFirst, I pay tribute to my right hon. Friend, who was instrumental in getting the landmark Autism Act 2009 on to the statute book. The impact of the Act, I believe, continues right up to this day and beyond. We want all adults living with autism to be able to live fulfilling and rewarding lives within a society that properly accepts them. She is absolutely right that the review of the strategy is coming up next year, between March and October. It is vital that it is a proper cross-Government effort, and after her remarks I will make sure that it is dealt with in a proper and co-ordinated way.
Q8. The green investment bank is due to be given new borrowing powers in three years’ time. In view of the Chancellor’s abject failure to meet his borrowing target, because it was predicated on meeting the borrowing targets set by the Government, is the Prime Minister still committed to giving the bank borrowing powers and, if so, when?
First, let me make the point that this Government have set up a green investment bank within two years, whereas the Labour party did nothing about that for 13 years. Secondly, even at a time of fiscal difficulty because of the mess we were left, we put £3 billion into the green investment bank, so right now it does not need to borrow because it has the money to invest. I think that what is needed in green investment is that equity risk finance, and that is exactly what the green investment bank can provide.