UK Parliament / Open data

Green Investment Bank

Proceeding contribution from George Freeman (Conservative) in the House of Commons on Thursday, 29 October 2015. It occurred during Debate on Green Investment Bank.

The hon. Gentleman makes an important point. Obviously, it is for the bank to make sure that it is in the right location. We originally put it in Edinburgh because, as he well knows, Edinburgh is a great centre of finance. It is one of the great capital centres of the UK and has a great history of green energy investment.

It is ultimately for the company itself to decide where its HQ is. I will just politely point out that the best thing that the Green Investment Bank could have in terms of investor security is security about the status of the United Kingdom. If that status was clear, I think that there would be a very strong prospect of the bank remaining in Edinburgh and happily raising money as part of a country with a great devolved Administration in a strong UK.

Mr Percy, I want to highlight—

Type
Proceeding contribution
Reference
601 c241WH 
Session
2015-16
Chamber / Committee
Westminster Hall
Back to top