Mike Crockart
Main Page: Mike Crockart (Liberal Democrat - Edinburgh West)Department Debates - View all Mike Crockart's debates with the Department for Education
(13 years, 2 months ago)
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Vince Cable
Those reports are simply incorrect. The Government’s commitment was for £3 billion, and that remains the case. We expect the bank will have leveraged in another £15 billion by the end of this Parliament. That is our commitment, which we will stick to. I am relieved that Hampstead and Kilburn are not adding their names to the list of cities hoping to attract the Green investment bank.
Mike Crockart (Edinburgh West) (LD)
I welcome the Secretary of State’s statement of a few moments ago. May I press him to tell me and the poised Edinburgh Green investment bank bid team when he will publish the criteria for deciding the location for the bank and what those criteria are likely to contain?
Vince Cable
We shall set out the process in the next few days. There are a great many bids from different cities and, indeed, some quite small towns around the country, all of which must be assessed properly and fairly.