Oral Answers to Questions

Debate between Vince Cable and Iain Stewart

Thursday 24th October 2013 Commons Chamber

[Vince Cable]

The funding for lending scheme has had a very significant impact on the mortgage market. It has had a much lesser impact on small business, but it has recently been adapted, and I believe it has been used by some of the new competitor banks such as the Aldermore. We certainly welcome that.

[Iain Stewart (Milton Keynes South) (Con)]

Yesterday evening, I had the pleasure of attending the formal launch of the transport systems catapult, which is going to be based in Milton Keynes. Does my right hon. Friend agree that this will be an important innovation to reaffirm the UK’s leading role in transport technology development?

Oral Answers to Questions

Debate between Vince Cable and Iain Stewart

Thursday 18th July 2013 Commons Chamber

[Vince Cable]

I am in constant contact with the Home Office about such matters. It is worth pointing out that the concept involves offering the possibility of a bond to people who have otherwise been rejected in the course of a visa application, so if it operates according to that spirit, it should ease, rather than make more difficult, access to visas.

[Iain Stewart (Milton Keynes South) (Con)]

May I thank my right hon. Friend for his Department’s decision to locate the world’s first Transport Systems Catapult centre in Milton Keynes? Does he agree that it will help to establish this country as one of the world’s leading development centres for transport systems?

[Vince Cable]

The Government have every reason to be proud of the catapult programme, which is now expanding quite rapidly. We are thereby able, through the Technology Strategy Board, to concentrate research excellence in particular locations. Some, such as those for renewable energy and advanced manufacturing, are now at an advanced stage of development, and I am delighted to hear that my hon. Friend is pleased with the location of the automotive centre.

Local Growth White Paper

Debate between Vince Cable and Iain Stewart

Thursday 28th October 2010 Commons Chamber

[Vince Cable]

They will gain access if they are able to bring forward quickly a proposal that meets the key requirements. There was a strong division of opinion, of which the hon. Gentleman will be well aware, about whether the activity should centre on Hull or on the wider Humber region. There were arguments for both, but the relevant bodies really do have to come to a decision quickly if they are to participate in this bidding round.

[Iain Stewart (Milton Keynes South) (Con)]

I warmly welcome the go-ahead for the south-east midlands LEP. Does my right hon. Friend agree that it makes much more sense for an area such as Milton Keynes, which sits at the junction of three regions, to be grouped with its natural economic partners, rather than with an artificial area such as south-east England?

[Vince Cable]

The hon. Gentleman highlights briefly and eloquently why the RDA structure just did not work. As I recall, it was designed during the war to allow for the division of aerodromes; it had absolutely nothing to do with simple economic geography. The structure that he describes is a vast improvement.

Higher Education and Student Finance

Debate between Vince Cable and Iain Stewart

Tuesday 12th October 2010 Commons Chamber

[Vince Cable]

The sense of humour coming from Opposition Members is becoming a little bit tired even for those among their own ranks. If we want to play silly games, I am afraid that I will constantly have to go back to them and ask how, if they do not want a system of graduate contributions of the kind that we are recommending, they would fund the system, given the massive cuts that they would have to make if they were still in government clearing up the mess that they created.

[Iain Stewart (Milton Keynes South) (Con)]

I particularly welcome Lord Browne’s proposals about part-time students. My constituency is home to the Open university and I am well aware that part-time students are currently at a disadvantage because they have to pay up-front fees and that the part-time sector was hit badly by the previous Government’s decision on equivalent and lower qualifications. I draw my right hon. Friend’s attention to comments this morning from the vice-chancellor of the Open university. He urges the Government to seize this historic moment and, once and for all, level the playing field between full-time and part-time students.

[Vince Cable]

My hon. Friend is quite right. More as a result of negligence than intention, the last Government did terrible damage to the Open university and Birkbeck. We are very conscious of that problem and of the need to encourage part-timers and treat them on the same basis as full-timers. He is right to point out that this morning there was a very positive endorsement of the Browne report and its approach from the heads of those two institutions.