UK Parliament / Open data

Industry and Exports (Financial Support) Bill

I certainly accept that the reason why we need to increase the limits is that a lot of the programmes that we have looked to introduce have been guarantee schemes. Whether the headline guarantee figure is £1.3 billion for the enterprise finance guarantee or £2.3 billion for the automotive assistance programme, all scores towards the need for the authority to incur expenditure. In that sense, I have given the hon. Gentleman some of the key figures. I shall happily write to him and put a copy of the letter in the Library, explaining a further detailed breakdown of the schemes as far as I can. Obviously some of that will depend on future draw-down of loan guarantees, so inevitably figures cannot be precise, but we can certainly provide more information. I am happy to undertake that that will be done. Question put and agreed to. Clause 1 accordingly ordered to stand part of the Bill.
Type
Proceeding contribution
Reference
491 c159-60 
Session
2008-09
Chamber / Committee
House of Commons chamber
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