Oral Answers to Questions Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Gareth Davies
Main Page: Gareth Davies (Conservative - Grantham and Stamford)Department Debates - View all Gareth Davies's debates with the Department for Business, Energy and Industrial Strategy
Oral Answers to Questions
Gareth Davies Excerpts(2 years, 7 months ago)
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Greg Hands
I recognise the hon. Gentleman’s engagement as the constituency’s Member of Parliament. I do not buy into his idea that we are neglecting the national interest. This Government and this Department have the national interest very much at our core, as he will have heard from my right hon. Friend the Secretary of State and the rest of the ministerial team. We are engaging with GKN—my right hon. Friend has met GKN—and we will continue to engage with it at this difficult time.
Gareth Davies (Grantham and Stamford) (Con)
Will my right hon. Friend join me in welcoming the issuance this morning of the UK’s first sovereign green gilt, which saw a record £90 billion of orders in the first hour? Does he agree that we should now seek to get more corporations to issue corporate green debt?
Greg Hands
My hon. Friend raises a good point. Having worked in futures markets, I think the first sovereign green gilt is a great step forward for this country. I am sure that Her Majesty’s Treasury will be working very closely with the market and will be advising issuers to make sure this important sector grows in the years ahead.