Simon Hughes
Main Page: Simon Hughes (Liberal Democrat - Bermondsey and Old Southwark)Department Debates - View all Simon Hughes's debates with the Department for Education
(14 years, 2 months ago)
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Vince Cable
I am certainly happy to answer. I have not changed my views—I think Sir Philip Green should pay his taxes in the UK.
Simon Hughes (Bermondsey and Old Southwark) (LD)
12. What recent progress he has made on the creation of a green investment bank.
The Secretary of State for Business, Innovation and Skills (Vince Cable)
We remain committed to creating a green investment bank that will support the growth, industrial transformation and greening of the UK economy. Over the summer, we made good progress on the role and form of the bank and its relationship with other Government policies. I will make a statement on the bank shortly after the spending review.
Simon Hughes
I am grateful to my right hon. Friend. May I encourage him, in the remaining days before the final settlement of Government spending is reached, to ensure that a green investment bank has sufficient funds to make it a real agent for change towards a sustainable economy as well as the ability to lever in the maximum additional investment, and to follow the best models in other countries and among those proposed to the Government? This is a real test of the Government’s green credentials, and I hope he fights that case to the wire.