Denis MacShane
Main Page: Denis MacShane (Labour - Rotherham)Department Debates - View all Denis MacShane's debates with the Department for Education
(13 years, 3 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Vince Cable
I can give my hon. Friend that assurance: indeed, we have already done so. In October my colleague the Secretary of State for Work and Pensions launched a new enterprise scheme to help precisely the category of people that my hon. Friend describes. It will provide mentoring and funding of up to £2,000, including a weekly allowance and access to a start-up loan.
Mr Denis MacShane (Rotherham) (Lab)
Does the Secretary of State agree with Winston Churchill’s formulation that he would
“rather see finance less proud and business and industry”
more confident? Does he think that the grovelling capitulation of his Bullingdon club colleagues to the banks this week really upholds that principle?
Vince Cable
Mr Churchill’s views have much to commend them, and they are still relevant in many ways. Certainly, we wish to see manufacturing promoted and finance working in support of it rather than against it.