Oral Answers to Questions

Julian Huppert Excerpts

Tuesday 11th October 2011 Commons Chamber

[The Deputy Prime Minister]

The adviser’s duties are clearly set out. I hope that the right hon. Gentleman will accept that asking the most senior civil servant in Whitehall to conduct a thorough investigation and produce a report is something that his previous Government did on numerous occasions and is entirely in keeping with a proper response to the very serious concerns that have been raised.

[Dr Julian Huppert (Cambridge) (LD)]

T14. My right hon. Friend has spoken about the need for infrastructure investment for economic growth. What is he doing to support investment in green infrastructure and the infrastructure needed to support the high-tech industry?

[The Deputy Prime Minister]

We are doing a number of things. We have retained the previous Government’s capital spending plans; in fact, capital spending will go up slightly by the end of this Parliament. We have done much more than that. We have also introduced innovative ways in which we can marry public and private capital to invest in our transport, energy and communications infrastructures—notably the green investment bank, the first of its kind anywhere in the world. That will use £3 billion of public money to leverage in about £15 billion of private investment in the green technologies that are absolutely crucial to our economic future.