Business of the House

Matt Hancock Excerpts

Thursday 9th December 2010 Commons Chamber

[Sir George Young]

That is a long way for me to go to buy my bread, but I take note of the excellent quality of the produce in the hon. Gentleman’s constituency. I hope that other banks that are listening take the opportunity to pick up new custom by offering the facilities that were denied by the firm’s existing bank. I hope that that leads to the resources that the company needs being forthcoming. I will, of course, raise with ministerial colleagues the general issue of bank lending, because that was a condition of the support that the previous Government gave.

[Matthew Hancock (West Suffolk) (Con)]

May we have a debate on the future of the horse racing levy, which, as my right hon. Friend well knows, is the mechanism by which a contribution is made to the racing industry by the gambling industry and those who place bets? The levy is in desperate need of modernisation, and I think that many hon. Members would have an interest in such a debate.

[Sir George Young]

Indeed, the matter is of great interest to the right hon. Member for North West Hampshire, who has a number of racing stables in his constituency. I am unable to provide an immediate debate in Government time, but the Chair of the Backbench Business Committee is in her place and will have noted the bid. It might be the subject of an Adjournment debate in Westminster Hall or in the House.