Oral Answers to Questions

Debate between Greg Clark and Steve Baker

Tuesday 14th March 2017 Commons Chamber

[Greg Clark]

The hon. Gentleman is absolutely right. One of the reasons why the space and satellite sector has been so successful is the collaboration between the firms, the Government and the research institutions, which is the way forward. The Under-Secretary of State for Business, Energy and Industrial Strategy, my hon. Friend the Member for Hereford and South Herefordshire (Jesse Norman), will visit north Wales and the facilities that the hon. Member for Wrexham (Ian C. Lucas) mentions, and I look forward to hearing all about it.

[Mr Steve Baker (Wycombe) (Con)]

18. As someone who has calculated inertia matrices and Hohmann transfers, I am pleased that the Government are focusing on this area. What assessment has the Secretary of State made of the capacity of the UK’s commercial space flight sector? What steps will he take to support it?

[Greg Clark]

I am glad that my hon. Friend is not questioning me on inertia ratios and matrices. The capacity is there, but it requires planning ahead. That is why the industrial strategy mentions the need to invest in science and research and development—it is important that we do that—and the need to look forward to make sure that we have the skills in the workforce to fulfil the order books. The purpose of having a long-term industrial strategy is so that we are prepared to reap those very opportunities.

Oral Answers to Questions

Debate between Greg Clark and Steve Baker

Tuesday 6th November 2012 Commons Chamber

[Steve Baker (Wycombe) (Con)]

We need more competition in banking. Later today, I will chair a meeting with Mr David Fishwick, who has been trying to start a responsible and trustworthy local bank but has found that the barriers to entry are far too high. Will my right hon. Friend look at Mr Fishwick’s report on community banking and consider meeting him to discuss his experiences and see whether we can make it easier for communities to create the banks they need?

[Greg Clark]

I certainly will. I think that there has been a concentration in the number of banks as a result of the financial crisis, and that is not a situation I want to see endure. If the suggestions in the report will help to reverse that, I am all ears.