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Proceeding contribution from Julie Kirkbride (Conservative) in the House of Commons on Monday, 16 March 2009. It occurred during Debate on bill on Industry and Exports (Financial Support) Bill.


Industry and Exports (Financial Support) Bill

While this appears to be a very simple Bill to enable the Government to spend more money on our industrial sector, the details are a little unclear to say the least. Will the Minister therefore tell the House which bits of the financial help to be given specifically to the automotive sector will be coming out of the pot that this Bill provides for, and which bits will come out of the EIB, as encouragement has been given to apply to it for money, too? Where will the money for the £23 million green car initiative come from, for example? Also, if the Government are so minded, could these provisions also be used to help car companies with their loan books by giving a spur to people to take out loans to buy new cars?


Secondary information

Type
Proceeding contribution
Reference
489 c670-1 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Business Banks Finance Exports Export credit guarantees Government assistance UK Export Finance Motor vehicles Manufacturing industries Public expenditure Small businesses VAT World economy
Legislation
Industry and Exports (Financial Support) Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk