UK Parliament / Open data

Enterprise and Regulatory Reform Bill

Proceeding contribution from Iain Wright (Labour) in the House of Commons on Wednesday, 17 October 2012. It occurred during Debate on bills on Enterprise and Regulatory Reform Bill.

My firm policy commitment is to ensure that we have the green investment bank borrowing as soon as possible, as a stimulus to growth. We were mindful of amendments that we tabled in Committee about that, but we also have to consider the appalling financial mess that the Government are dealing with in respect of increased borrowing. Borrowing was going down prior to the general election, but now it is going up. We do not know what the circumstances will be in 2015, so we need to ensure that there can be certainty,

based on the imperative to have the green investment bank borrowing from the capital markets as soon as possible while being mindful of the need for rigour and discipline in the public finances.

About this proceeding contribution

Reference

551 c379 

Session

2012-13

Chamber / Committee

House of Commons chamber
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