William Bain
Main Page: William Bain (Labour - Glasgow North East)Department Debates - View all William Bain's debates with the Department for Education
(10 years, 3 months ago)
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Matthew Hancock
The problems of people failing either to make prompt payments or to honour payment terms—two related, but slightly different points—need to be addressed. They are largely problems that negatively affect small companies, and we are currently consulting on how radical we need to be to get the balance right and address them.
Mr William Bain (Glasgow North East) (Lab)
T7. Will the Secretary of State confirm that business investment has flatlined over the last year and that this is one of the major causes of Britain’s worsening productivity problem? What are he and the Government going to do about it?
Vince Cable
As everybody acknowledges, business investment has been badly hit since the financial crisis, but with the economy rapidly recovering, I think we all expect—and the surveys suggest—that there will be a movement forward in terms of business investment, once capacity has been fully utilised.