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Proceeding contribution from Chris Huhne (Liberal Democrat) in the House of Commons on Tuesday, 10 May 2011. It occurred during Debate on bill on Energy Bill [Lords].


Energy Bill [Lords]

The right hon. Gentleman is right to say that the interest rate is important. However, it is up to competing businesses to arrange that finance. I also very much hope and trust that finance houses will make pools available for the small businesses of which my hon. Friend the Member for St Ives (Andrew George) spoke, so that providers other than the B&Qs and the Scottish and Southerns—the big providers—can get involved. The key point is that the securitisation market is opening up for such businesses, and the finance available is at a reasonable level, which I believe will ensure that we have take-off. However, the right hon. Gentleman is right that that is a market decision.


Secondary information

Type
Proceeding contribution
Reference
527 c1060 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Consumers Decommissioning Conservation Business Climate change Billing Housing Environment protection Energy Electricity generation Energy supply Electricity Fuel poverty Heating Interest rates Warm front scheme Local government Protection Nuclear power stations Loans Meters Prices Private rented housing Standards Reform Renewable energy Carbon emissions
Legislation
Energy Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk