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Written question asked by Rebecca Long Bailey (Labour) on Wednesday, 20 April 2016, in the House of Commons. It was due for an answer on Monday, 25 April 2016. It was answered by Greg Hands (Conservative) on Tuesday, 26 April 2016 on behalf of the Treasury.


Infrastructure

Question

To ask Mr Chancellor of the Exchequer, with reference to paragraph 1.97 of the Budget 2016, what progress his Department is making on proposals for using the UK Guarantees Scheme for infrastructure in the circumstances referred to.

Answer

The UK Guarantee Scheme regularly meets with sponsors and companies across all infrastructure sectors to discuss potential proposals for Guarantees. These meetings are of a confidential nature.

The government is willing to consider commercially and financially credible proposals for the use of the UK Guarantee Scheme for infrastructure projects associated with the recovery of oil and gas.


Secondary information

Type
Written question
Reference
34777
Session
2015-16
Subjects
Infrastructure Government guaranteed credit Budget March 2016
Link
View this Written question on www.parliament.uk