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Proceeding contribution from Hugh Bayley (Labour) in the House of Commons on Tuesday, 3 May 2011. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance (No. 3) Bill.


Finance (No. 3) Bill

It is not just that banks are still not providing finance for small and medium-sized businesses. Under the Labour Government, we had support through the regional development agencies—Yorkshire Forward in Yorkshire—to help businesses with the Government loan guarantee schemes, and in my constituency that secured a very important investment for a packaging factory. The RDAs are now being done away with and so there is not that support from the Government to get the banks lending.


Secondary information

Type
Proceeding contribution
Reference
527 c535 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Banks Financial services Excise duties Fuels EU economic policy Exploration Economic growth Oil Pay Natural gas Public expenditure Prices Offshore industry Regulation Taxation VAT Tax yields North Sea oil Bank levy
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk