Business of the House

Harriett Baldwin Excerpts

Thursday 10th February 2011 Commons Chamber

[Harriett Baldwin (West Worcestershire) (Con)]

I draw your attention, Mr Speaker, to my entry in the Register of Members’ Financial Interests as a board member of the Social Investment Business. May we have a debate in Government time on yesterday’s fantastic news about £200 million of private sector money going into the big society bank? I am sure that all Members would welcome that and want to attend, particularly the Leader of the Opposition, who tried to get that going in 2007 when he was in the Cabinet Office?

[Sir George Young]

I agree that such a debate would be well supported. My hon. Friend underlines the point that we managed to secure that from the banks, which Opposition Members totally failed to do when in government. The £200 million—a huge sum—will be put to fantastic use by those who believe in the big society.