Business of the House

Kate Green Excerpts

Thursday 29th November 2012 Commons Chamber

[Mr Lansley]

There is a synchronicity between the previous question and this one as regards the relationship between banks and our local communities. I sometimes share with my hon. Friend a sense of frustration about the extent to which the conventional banking system now supports small and medium-sized businesses. That is why our right hon. Friend the Secretary of State for Business, Innovation and Skills, together with the Treasury, is so actively pursuing those issues, not least through the recent announcement of the operational start of the new business banking support and the support that that gives to new challenger banks to supply new innovative routes of lending to small businesses.

[Kate Green (Stretford and Urmston) (Lab)]

May we have a debate on the apparent abuse of the electrical equipment recycling market? Four multinationals—Sylvania, GE, Osman and Philips—appear to be seeking to subvert the effect of the forthcoming recast waste electrical and electronic equipment directive by operating a cartel in relation to the recycling of waste electrical equipment, which is putting the viability of independent recycling companies and local jobs, including in my constituency, at risk.

[Mr Lansley]

I am interested in what the hon. Lady says, but I am sure she will understand that I am not in a position to comment on it without any direct knowledge of those issues. From her description, she should bear in mind not only the question of whether that is a suitable topic for debate in the House, but the fact that, as I know from having served on the Standing Committees of the Competition Bill and the Enterprise Bill in previous Parliaments, legislation is in place that allows her and others who have evidence to go to the Office of Fair Trading for investigation of those practices.