Business of the House

Jeremy Lefroy Excerpts

Thursday 1st March 2012 Commons Chamber

[Sir George Young]

Indeed. The best news for Megger would be a continuation of the Government’s economic policies, which allow low interest rates to endure. My hon. Friend rightly draws attention to the fact that, this year, we are growing three times as fast as France and twice as fast as Germany. That is a tribute to the economic policies that the Chancellor of the Exchequer has championed.

[Jeremy Lefroy (Stafford) (Con)]

Will the Leader of the House find time for a debate on the importance of local initiatives to stimulate business growth, such as the successful loan fund set up by Staffordshire county council and administered by the mutual Black Country Reinvestment Society, of which I am proud to be a member?

[Sir George Young]

I am delighted to hear that despite all the pressure on Staffordshire county council, it has been able to find the resources to make the loan available to that mutual company. It is important that loans continue to be made to promote growth and employment and I commend the priorities of my hon. Friend’s county council.