Oral Answers to Questions

Debate between Desmond Swayne and Nusrat Ghani

Thursday 23rd March 2023 Commons Chamber

[Ms Ghani]

I will be full of meetings, but I defer to the Minister with responsibility for small businesses, who is more than happy to have that meeting. We have provided billions of pounds of support for businesses to deal with their energy costs, and we have the new supercharger in place. We lobby the Treasury long and hard, and we are more than happy to represent businesses small and large.

[Sir Desmond Swayne (New Forest West) (Con)]

12. If she will make an estimate of the number of UK businesses that chose to list on the New York stock exchange in the last three years.

[The Minister of State, Department for Business and Trade (Ms Nusrat Ghani)]

The UK is the most internationally connected financial centre in the world. We continue to attract some of the most innovative and largest companies. More than £17 billion of capital was raised for firms in the UK—a 15-year high—with over 120 deals completed. The UK is taking forward ambitious reforms to rules governing its capital markets, building on our continued success as Europe’s leading—globally, the second largest—hub for investment.

[Sir Desmond Swayne]

Is Government debt crowding out productive investment?

[Ms Ghani]

My right hon. Friend is always so succinct in his questions, and there is often a huge amount of sense behind it. I fundamentally agree that we need to collaborate with business and industry. [Interruption.] Forgive me, Mr Speaker. The response I want to give to my right hon. Friend’s very good question is that, as he will be pleased to know, there is the Lord Hill listing review and the Sir Douglas Flint review, and in particular the Edinburgh reforms, which will be considering competitiveness and will, I think, provide some sort of answer to his question. It would be remiss of me—because I know that he is particularly interested in this—not to mention that it is 50 years since women were first admitted to the floor of the New York stock exchange after 170 years of just men.

Oral Answers to Questions

Debate between Desmond Swayne and Nusrat Ghani

Thursday 2nd May 2019 Commons Chamber

[Sir Desmond Swayne (New Forest West) (Con)]

Is there any progress internationally in discussions to include maritime and aviation emissions?

[The Parliamentary Under-Secretary of State for Transport (Ms Nusrat Ghani)]

When it comes to maritime emissions, we can look at the work of the International Maritime Organisation, which is opposite us on the Thames. A huge amount of work was done earlier this year to look at driving down greenhouse gas emissions by 50% by 2050. It is interesting to note that this Government led the high-ambition coalition to get that agreement made, so we are not only leading nationally, but driving down greenhouse gas emissions internationally as well.

Oral Answers to Questions

Debate between Desmond Swayne and Nusrat Ghani

Thursday 21st December 2017 Commons Chamber

[Ms Nusrat Ghani (Wealden) (Con)]

Happy Christmas to you, Mr Speaker, and to my right hon. Friend the Member for New Forest West (Sir Desmond Swayne), who does not seem to have any Christmas spirit.

[Sir Desmond Swayne (New Forest West) (Con)]

Humbug!

[Ms Ghani]

Does the Minister agree that national lottery funding should also be made available to smaller charities? Although they may help fewer people, in my constituency of Wealden there are very few options for vulnerable young and old people. In particular, clued-up.info in Crowborough helps teenagers; Sussex Oakleaf in Hailsham helps people with mental health issues; and the Now! Charity Group provides furniture for unemployed people and those on low income across East Sussex.