Oral Answers to Questions Debate

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Department: Cabinet Office
Wednesday 27th April 2011

(13 years ago)

Commons Chamber
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Nick Hurd Portrait Mr Hurd
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My hon. Friend will know that this Government are totally committed to helping to develop the social investment market, so making it easier for social entrepreneurs to access capital. The big society bank is our major player in that area, but we are looking at a range of ideas. He will also be aware that the Charity Commission is reviewing its guidance to foundations, which have a critical role to play in that context.

Lord Walney Portrait John Woodcock (Barrow and Furness) (Lab /Co-op)
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T10. Why is the public sector mutual fund late in going out to tender, and when will it be ready to accept bids?

Lord Maude of Horsham Portrait Mr Maude
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We will announce details in due course. It would have been easy to go ahead and just flash money around, but there is not much money thanks to the legacy of the Government whom the hon. Gentleman supported. We need to ensure that the money is husbanded and spent wisely, for example by providing advice for groups of public sector workers, of whom there are very many who want to form mutuals, and by ensuring that the advice is made available to as many as possible.

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Lord Cameron of Chipping Norton Portrait The Prime Minister
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We do acknowledge the very difficult situation that we inherited. House building was at a 60 or 70-year low. We need to introduce ways of ensuring that local communities see more houses built. The old top-down system did not work, but I believe that the new homes bonus and the incentives that we are giving local authorities will mean that extra housing goes ahead.

Lord Walney Portrait John Woodcock (Barrow and Furness) (Lab/ Co-op)
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Q7. Rather than losing his rag because he is losing the argument, will the Prime Minister explain why waiting times have been rising in my constituency and across the country?

Lord Cameron of Chipping Norton Portrait The Prime Minister
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The hon. Gentleman is simply wrong about waiting times. I quoted the figures. Waiting times have been broadly stable over the last couple of years—that is a fact.

The key point that I would make to the hon. Gentleman, who is meant to be a moderniser, is that if he wants to see waiting times come down and stay down, the best answer is a system that involves greater choice, and enables patients to choose where they are treated and establish how quickly they can be treated. The hon. Gentleman used to be a moderniser; there is still time to get on board.