Oral Answers to Questions

Debate between Stuart Blair Donaldson and Amber Rudd

Thursday 19th November 2015 Commons Chamber

[Amber Rudd]

My hon. Friend has raised an important point. It would indeed be a good idea for us to work more closely with the DWP to ensure that more vulnerable people are told about the opportunities that they might be missing, and I shall take the matter up with my right hon. Friend the Secretary of State for Work and Pensions.

[Stuart Blair Donaldson (West Aberdeenshire and Kincardine) (SNP)]

T5. As the Government move the UK Green Investment Bank into private ownership, will the Secretary of State give us a clear assurance that the Government will deliver the full £3.8 billion of capitalisation that was initially pledged to the bank, so that it can continue to invest meaningfully in our green economy?

[Amber Rudd]

We are rightly proud of the Green Investment Bank. It is the first bank to be set up by a Government in this way, and it has played a leading role in supporting renewable energy development. I am excited about the prospect of its moving out of public ownership, raising money, and going into, as it were, the public arena. I hope that it will then provide an opportunity for more investment. As for the hon. Gentleman’s specific question, I shall have to come back to him with a detailed answer.

Oral Answers to Questions

Debate between Stuart Blair Donaldson and Amber Rudd

Thursday 17th September 2015 Commons Chamber

[Amber Rudd]

I am always interested in listening to other people’s views on this matter. If the hon. Lady would like to write to me, or to engage with her constituents in order to participate in the consultation, I will consider what is said very carefully.

[Stuart Blair Donaldson (West Aberdeenshire and Kincardine) (SNP)]

8. What assessment she has made of the implications for her policy of (a) the findings of the Oil and Gas Authority's “Call to Action” report, published on 25 February 2015, on employment in the oil and gas industry and (b) that report's other findings; and what steps she plans to take to support employment in that industry.

--- Later in debate ---

[Amber Rudd]

Gas prices paid by households have fallen by 4.5%. The best deals are available for customers who switch to low-cost fixed term deals on the market, which are up to £100 cheaper than they were this time last year. I certainly hope that that trend continues, but we cannot guarantee it. However, I can say that the Government will take all the action we can to keep bills low.

[Stuart Blair Donaldson (West Aberdeenshire and Kincardine) (SNP)]

T5. Stability and simplicity are key for oil and gas operators to make investment decisions, but there have been more than 18 changes to the oil and gas fiscal regime in the past 15 years. Will the Secretary of State reassure me and the industry that there will be no tax rises for the industry for the remainder of this Parliament?