Local Growth White Paper Debate

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Local Growth White Paper

Luciana Berger Excerpts
Thursday 28th October 2010

(14 years, 1 month ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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I am sure that I or the Ministers of State in both Departments would be happy to talk about that, but the key problem, as I understand it, is that there was a dispute between several local authorities, which were not able to get their act together. They must take responsibility for that, but we want to help them through the process.

Luciana Berger Portrait Luciana Berger (Liverpool, Wavertree) (Lab/Co-op)
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Despite all the coalition’s talk of localism, I am concerned to learn today that assets currently owned by RDAs are not guaranteed to remain in local ownership. Will the Secretary of State confirm that none of the assets currently owned by the RDA, such as the Wavertree technology park in my constituency, will not be sold off by his Department?

Vince Cable Portrait Vince Cable
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I cannot give guarantees on the treatment of specific assets. As I said, they will be managed carefully and in a way that produces value for money for the taxpayer, who originally invested in them. That will be done in a way that reinforces local development.