Oral Answers to Questions

Debate between Paul Blomfield and Charles Hendry

Thursday 11th November 2010 Commons Chamber

[Charles Hendry]

One of the advantages that we have is that, because we do not have a national champion, we have an independent regulator who is robust and understood to be very forceful and effective. We can encourage other countries to look at that as well. The work we are doing across the piece on nuclear decommissioning and development is also critical.

[Paul Blomfield (Sheffield Central) (Lab)]

T8. The Minister has acknowledged the importance of private sector investment in the green investment bank. Will he outline to the House what practical steps are being taken to obtain such investment, and does he recognise that the delay in making a detailed statement about the bank’s function and structure is causing uncertainty in the sector, which will frustrate that investment?