Regional Growth Fund
Debate between Mark Prisk and Richard Burden(12 years, 6 months ago)
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Mr Prisk
It is self-evidently the latter, which is why we established the local stewardship model. It is why in July we offered Members of this House the opportunity to meet Ministers, and why we are repeating that exercise on Thursday. We are determined to ensure that the assets are used for the benefit of the local economy. I hope that the hon. Lady will come to that meeting so that she can understand that.
Richard Burden
The Minister has talked about confidence and about unlocking and levering in investment from the private sector. Does he not accept that the performance of the RGF is important in maintaining confidence? Let me give him an example. As far as Longbridge is concerned, it is difficult to get the confidence from the private sector to unlock investment when the Government are not clear about what is going on. We can only point for so long to the investment that the previous Labour Government made by way of a new college and a new innovation centre. The private sector wants to know whether this Government back the Longbridge project as well. It really needs answers pretty soon.
Mr Prisk
After the dithering by the Labour party over Longbridge and that site, the hon. Gentleman should be a little careful about what he says. We made the situation crystal clear to the owners, the local enterprise partnership and the city council. Those discussions are in hand, and I am confident that they will be concluded successfully.