Oral Answers to Questions

Debate between Vince Cable and John Pugh

Thursday 6th September 2012 Commons Chamber

[John Pugh (Southport) (LD)]

15. What support his Department is providing to the port of Liverpool; and if he will make a statement.

[The Secretary of State for Business, Innovation and Skills (Vince Cable)]

I understand the importance of the port of Liverpool to the city region’s ambitions for growth. Under round 2 of the regional growth fund, the Government are supporting the port’s bid to build a terminal capable of handling the largest container ships. Key features of the city region deal have regard to the local potential for logistics and offshore technologies.

[John Pugh]

Liverpool port is thriving under the management of Peel Holdings. What can the Government do to ease transport arrangements to and from the dock?

[Vince Cable]

The starting point is the recognition that Liverpool docks, having declined for many decades, now have enormous potential as a result of the £35 million that has been put in to dredging for the deep-water terminal and the support for offshore technologies. There is a major problem of access. A report has been carried out and is being followed through as part of the city region bid. We are working with the Department for Transport. We recognise that there are transport bottlenecks and there is a commitment to act on that.

Oral Answers to Questions

Debate between Vince Cable and John Pugh

Thursday 8th December 2011 Commons Chamber

[Vince Cable]

The Merlin project certainly did not succeed in its central objective, which was to achieve growth in gross lending by banks. There has been a contraction in net lending for a variety of reasons, not least the fact that many companies are holding more cash. Credit easing will be commenced soon. The Treasury will maintain a metric of performance by individual banks, and this will lower the cost of capital for many of their customers. The cost of borrowing and covenanting, as much as access, has now become the central concern.

[John Pugh (Southport) (LD)]

Will the Minister explain how revising TUPE will actually create more jobs, as opposed to facilitating outsourcing?