Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Peter Bone Excerpts
Wednesday 9th June 2010

(14 years, 4 months ago)

Commons Chamber
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Nick Hurd Portrait Mr Hurd
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I can certainly speak for myself and agree to meet the hon. Gentleman. He will know about the interesting work on social impact bonds, which bring in private capital for investment in early intervention and involve payment by results. That will be an important part of the future.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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Does the Minister agree that voluntary organisations are preferable to state organisations when providing early intervention?

Nick Hurd Portrait Mr Hurd
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I am sure that that is the experience of most colleagues in the House—if they have been to visit social enterprises or community organisations and seen the extraordinary work that they can do and the different relationships that they can have with the people whom they are trying to help.