Oral Answers to Questions

Debate between Rosie Cooper and Lord Maude of Horsham

Wednesday 2nd March 2011 Commons Chamber

[Mr Maude]

I am grateful to the hon. Gentleman for that relevant question. The introduction of the big society bank certainly does not obviate the broader need to support voluntary and social enterprises, in the interests of local residents. The bank’s remit will be UK-wide. The money put in by the banks will be for UK purposes, but the money coming into the big society bank in due course from dormant bank accounts will be for England only, unless the devolved Administrations decide to put their share of that money into the big society bank, which I hope they will be encouraged to do.

[Rosie Cooper (West Lancashire) (Lab)]

6. What estimate he has made of the likely change in the number of jobs in the voluntary sector in the next three years.