Business of the House Debate

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Department: Leader of the House

Business of the House

Lord Barwell Excerpts
Thursday 14th June 2012

(12 years, 6 months ago)

Commons Chamber
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Lord Young of Cookham Portrait Sir George Young
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There will be an opportunity to put question to the Secretary of State for Work and Pensions on Monday week. We all know from our advice bureau that the CSA is raised with us as a regular issue. If there is a particular instance that concerns the hon. Gentleman, I suggest that he writes to the Secretary of State to see whether he can usefully intervene and put matters right.

Lord Barwell Portrait Gavin Barwell (Croydon Central) (Con)
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Some small and medium-sized businesses in my constituency still report difficulties in accessing finance. Although I welcome the Government’s national loan guarantee scheme and the business finance partnership, may we have a debate on what else can be done to ensure that companies can access the working capital that they need to drive growth and create jobs?

Lord Young of Cookham Portrait Sir George Young
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The Government have introduced a range of initiatives, including the StartUp Loans scheme and the GrowthAccelerator programme. The £82.5 million StartUp Loans scheme is aimed at younger people who want to set up their own businesses. The £200 million GrowthAccelerator programme is for 26,000 of England’s most ambitious small businesses, some of which I am sure are located in Croydon.