Philip Hollobone
Main Page: Philip Hollobone (Conservative - Kettering)Department Debates - View all Philip Hollobone's debates with the Department for Education
(11 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Vince Cable
Certainly, the construction industry has had a torrid time ever since the collapse of the bubble in residential and commercial property. I know that there is a lot of distress in the sector, but there is some indication of orders improving. As the hon. Gentleman knows, the Government have taken action in the past few months. In September, we launched the programme of guarantees for social housing bodies to proceed with construction and raise capital for that purpose, and the autumn statement announced £5.5 billion-worth of new commitments, mainly through guarantees, for infrastructure projects.
Mr Philip Hollobone (Kettering) (Con)
The Government themselves procure construction projects. A local business in my Kettering constituency is the sub-contractor on a major Ministry of Defence contract, yet its payment terms from the principal contractor have gone up from 60 days to 90 days to 120 days. Will the Secretary of State work with other Government Departments to make sure that sub-contractors are paid on time?