I need to make two points. First, when I spoke earlier I made the point that as far as I know there is no danger of the two companies I mentioned—Jaguar Land Rover and QVC—not surviving and prospering in future. I mentioned them merely as examples of the sort of investment Knowsley has been able to attract and I was not saying that the inherent volatility is likely to come about because either of them will close. Secondly, the Minister suggests that I should talk to the director of finance at Knowsley, but my speech was based largely on a discussion I have already had with the director of finance. Given the current circumstances, he does not think that the kind of investment we have been able to attract in the past can be guaranteed in future.
Local Government Finance Bill
Proceeding contribution from
George Howarth
(Labour)
in the House of Commons on Tuesday, 24 January 2012.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Local Government Finance Bill.
Type
Proceeding contribution
Reference
539 c245 
Session
2010-12
Chamber / Committee
House of Commons chamber
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Timestamp
2023-12-15 15:27:01 +0000
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