Oral Answers to Questions Debate

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Department: Scotland Office

Oral Answers to Questions

Mark Lazarowicz Excerpts
Wednesday 26th January 2011

(13 years, 10 months ago)

Commons Chamber
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Michael Moore Portrait Michael Moore
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Thank you, Mr Speaker.

On my hon. Friend’s first point, may I just emphasise what I said earlier, which was that the vice-premier was very impressed by what he saw of Scotland’s renewable energy sector when he visited Edinburgh, and not only by the presentations that he saw about the country’s potential but specifically by seeing the Pelamis factory in Leith? My hon. Friend also makes a strong and compelling case for the green investment bank, and we will announce details of that shortly. We look forward to making an announcement about its location at an appropriate moment.

Mark Lazarowicz Portrait Mark Lazarowicz (Edinburgh North and Leith) (Lab/Co-op)
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I welcome the support that the Secretary of State has given to the establishment of the green investment bank headquarters in Edinburgh. Given that leading economists have said this morning that Scotland faces an even greater danger than the rest of the UK of a double-dip recession, does he accept that the decision on the location of the bank should be taken sooner rather than later? We want it to be set up so that we can have the advantage of the jobs that it will bring now, not in three or four years’ time.

Michael Moore Portrait Michael Moore
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Unlike the previous Government, we have actually made a firm commitment to the green investment bank, and we intend to deliver on that. We will be making further announcements on the detail as soon as possible.