Oral Answers to Questions

Margaret Greenwood Excerpts
Thursday 14th July 2016

(8 years, 4 months ago)

Commons Chamber
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Andrea Leadsom Portrait Andrea Leadsom
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I am grateful to my hon. Friend, and to prove that collective responsibility has once again taken effect, I reassure him that VAT is a matter for the Treasury. I agree about the need to reduce the number of households in fuel poverty, which is why we are consulting on proposals to focus more of the energy company obligation on those most in need. We have laid regulations that will ensure continued support for more than 2 million households through the warm home discount.

Margaret Greenwood Portrait Margaret Greenwood (Wirral West) (Lab)
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The Minister suggested that there has been no loss of confidence in investment in clean energy as a result of the vote to leave the EU. Will she explain why the Swedish firm Vattenfall is reviewing its investment in the UK, which will put £5.5 billion of investment in offshore wind at risk?

Andrea Leadsom Portrait Andrea Leadsom
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I made it clear that continued, enormous investment is coming to the UK from offshore and onshore investors. I am not aware of the hon. Lady’s particular point, but the UK remains an attractive place to invest. The Government are doing everything they can to ensure that we get even more overseas investment in our energy infrastructure.