Mark Durkan
Main Page: Mark Durkan (Social Democratic & Labour Party - Foyle)
Vince Cable
There will be a proper process, and it is important that we consider carefully all serious applications on their merits. I commend my hon. Friend and his colleagues in Edinburgh for the high level of professionalism that they have brought to bear on their application. They have met me and my departmental officials and have taken great interest in it, and I commend their approach.
Mark Durkan (Foyle) (SDLP)
I welcome the progress that is reflected in the published plans and in the statement, and I hope that we can rely on much of their promise. Can the Secretary of State assure us that the green investment bank will be open and accessible to all the devolved regions; that no project or company will be disqualified on the grounds that its project has a cross-border character, which would be natural and necessary in Northern Ireland; that nobody will be disqualified on the grounds that their project has been funded by devolved Administrations; and that such funding would not be the subject of a qualifying precondition?
Vince Cable
The bank is a UK-wide institution that will apply in Northern Ireland, Scotland and Wales, so I do not see any problems of that kind. As regards the cross-border aspects, the hon. Gentleman raises an interesting legal question that I will need to look at carefully.