Industrial Strategy Debate

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Industrial Strategy

Peter Bone Excerpts
Monday 10th September 2012

(11 years, 8 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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The starting point of the hon. Gentleman’s question is right: there has to be cross-party support, because if we are thinking 10, 15 or 20 years ahead, we do not know what form of Government will emerge over that time. There is undoubtedly cross-party support among Government Members. I think that I heard support from the Opposition, but I was not totally clear about that.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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I hate to say this to the Secretary of State, but there is not cross-party support from this particular quarter. His statement sounded to me like one that any Labour Minister in the previous Administration could have made; it talked about state intervention and picking winners and said nothing about cutting red tape and regulation. It was a Labour statement, not a coalition statement.

Vince Cable Portrait Vince Cable
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The hon. Gentleman has his own very distinctive and unique style which we all admire. What I said goes in tandem with the announcements that my colleagues and I made this morning about scrapping a substantial amount of red tape. Of course, for large parts of the small-scale business sector that is rather more crucial. The two things coexist.