Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Julie Marson Excerpts
Wednesday 17th June 2020

(4 years, 6 months ago)

Commons Chamber
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Lindsay Hoyle Portrait Mr Speaker
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Question 25 has been withdrawn by Amy Callaghan. I am sure all those in the House pass on our best wishes to her and are looking forward to her speedy recovery and return to the House.

Julie Marson Portrait Julie Marson (Hertford and Stortford) (Con)
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Does the Prime Minister agree with me that as our country emerges from this crisis, we have an opportunity to be bold in putting innovation at the centre of our response, to support high-growth sectors such as green energy and FinTech, and also to use innovative financial solutions such as social impact bonds as a tool in delivering our levelling-up agenda?

Boris Johnson Portrait The Prime Minister
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Yes. My hon. Friend may not believe it, but when I was the Mayor of London we pioneered social impact bonds to tackle the most entrenched rough sleepers and to give value to companies and charities for their success in dealing with that terrible problem. I am proud to say that those social impact bond schemes are now being used in seven projects across the country to tackle rough sleeping. We have made huge progress in dealing with rough sleeping. The number of rough sleepers has been a scar on our consciences. It has got much, much better over the crisis, but we must make sure it does not recur.