Oral Answers to Questions

Mark Lazarowicz Excerpts
Thursday 17th February 2011

(13 years, 9 months ago)

Commons Chamber
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Mark Prisk Portrait Mr Prisk
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The hon. Gentleman is right. Lotus is one of several excellent premier brands in motor engineering in this country. I shall not comment on the specific bid, because there are several to hand at the moment, but the hon. Gentleman is right to say that we have real opportunities in the sector. The Government are an effective partner in making sure that the sector grows.

Mark Lazarowicz Portrait Mark Lazarowicz (Edinburgh North and Leith) (Lab/Co-op)
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The Minister made mention of the need to invest in the sector and he is right; we need investment in all the greener technologies. That is why the establishment of the green investment bank is so important. It is almost a year since the election, so may I urge the Government to get a move on with the establishment of the green investment bank? Can the Minister give us an update on when he expects it to be operating and investing in those important technologies?