Oral Answers to Questions

Graham Allen Excerpts

Thursday 3rd June 2010 Commons Chamber

[Mr Hayes]

It may be that I have not made the position sufficiently clear, so let me do so now. No review that is taking place would impact in a negative way on apprenticeships. The hon. Lady can go back to her constituents with pride and say that this Government are committed to apprenticeships there and across Britain. She can also come back to the House and challenge me on that if I do not deliver.

[Mr Graham Allen (Nottingham North) (Lab)]

I congratulate the Secretary of State on his appointment. May I also congratulate him on what he said before the election about ensuring that bank lending would be improved, so that cities that are in recovery from the recession, such as the city of Nottingham, can see the cash flow coming into businesses to ensure that they go from recovery to prosperity?

[Vince Cable]

I thank the hon. Gentleman for his welcome, and I am grateful to him for allowing this crucial subject to surface at last. The major factor in inhibiting the growth of business, particularly among small and medium-sized enterprises, is the lack of access to credit. It is the firm intention of this Government to ensure, through a combination of loan agreements, guarantees and other mechanisms, that that credit will indeed flow. I shall be working with the Chancellor on this.