Oral Answers to Questions

Debate between Lord Mann and Nick Hurd

Wednesday 9th June 2010 Commons Chamber

[Mr Hurd]

The programme has run its course, and we have taken a decision on where to recycle the income. We think that the future of loan finance delivery is through the big society bank, and we want to encourage the traditional banking industry to meet the sector’s debt needs. That is the future—not the Futurebuilders programme, which distorted the market, rather than built it.

[John Mann (Bassetlaw) (Lab)]

11. What recent assessment he has made of the contribution of Cabinet Committees, Sub-Committees and working groups to the work of his Department.