British-Irish Parliamentary Assembly
Debate between Esther McVey and Oliver Colvile(12 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Oliver Colvile (Plymouth, Sutton and Devonport) (Con)
Does my hon. Friend agree that this is not just about trade, because a series of issues associated with our relationship with Europe, fishing and other such matters, are very important?
Esther McVey
I do agree with that, and I shall now discuss my recommendations. What we were looking for was: the aggregation platform to give SMEs access to the capital markets; an increase in the number of private placement investors in the UK market through an industry-led initiative; encouragement for more retail investment in corporate bonds issued by UK companies; and more private equity and support for all businesses, which we are in fact doing here in the UK with all the latest seed investment funds. So I think it is important for Ireland and the UK that we continue with our co-operation and continue learning from each other, because we are so interdependent and both countries need that for our continued growth and prosperity.