Luciana Berger
Main Page: Luciana Berger (Liberal Democrat - Liverpool, Wavertree)(13 years, 3 months ago)
Commons ChamberRead Full debate Read Hansard Text
Vince Cable
Yes, indeed, and that is the case. UKTI will continue to delegate people to work in the regional areas. In the past there has been an enormous amount of duplication and waste, and those people will continue to work in exactly the way that my hon. Friend describes, but more effectively than in the past.
Luciana Berger (Liverpool, Wavertree) (Lab/Co-op)
We have just heard that the Secretary of State supports efforts to remove barriers to trade, particularly for commodities such as low-carbon products. Will he therefore update us on when his Department plans to release details of the green investment bank, and how much money will be made available for it?
Vince Cable
I gave evidence to the Environmental Audit Committee about 10 days ago on the timing of the green investment bank. As I explained then, the business plan will be available in May. We assume that staff will be hired by the end of this year, and that loans will be made next year. I set out the programme and the road map when I was interrogated by the hon. Lady’s colleagues.