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Proceeding contribution from Iain Wright (Labour) in the House of Commons on Wednesday, 26 October 2005. It occurred during Adjournment debate on Local Enterprise Growth Initiative.


Local Enterprise Growth Initiative

My hon. Friend is being very gracious in giving way because she has only a short time in which to speak. May I declare an interest? Hartlepool is also bidding for part of the LEGI money, so I suppose that she and I are in competition. Does she agree that one of the true barriers to lifting deprived areas into prosperity relates to easy access to capital markets and to finance? I know that in Hartlepool and the wider region of the north-east, the banking structure and access to capital markets are not as strong as they should be. The City of London is symbolically and physically a long way from Hartlepool and Stoke-on-Trent. Does she agree that that is a key part of what LEGI could achieve?


Secondary information

Type
Proceeding contribution
Reference
438 c134WH 
Session
2005-06
Chamber / Committee
Westminster Hall
Subjects
Budgets Employment Finance Government assistance Job creation Small businesses Budget March 2005 Local enterprise growth initiative
Link
View this Proceeding contribution on www.publications.parliament.uk