Perhaps I could come back on that point. Any borrowing will be agreed with HMT in advance and will comply with the terms of managing public money, which requires that public sector organisations may borrow from the private sector only if the transaction delivers better value for money for the Exchequer as a whole.
Advanced Research and Invention Agency Bill
Proceeding contribution from
Baroness Bloomfield of Hinton Waldrist
(Conservative)
in the House of Lords on Wednesday, 17 November 2021.
It occurred during Debate on bills
and
Committee proceeding on Advanced Research and Invention Agency Bill.
Type
Proceeding contribution
Reference
816 c126GC
Session
2021-22
Chamber / Committee
House of Lords Grand Committee
Librarians' tools
Timestamp
2021-11-18 14:52:37 +0000
URI
http://hansard.intranet.data.parliament.uk/Lords/2021-11-17/2111181000030
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