Anne McIntosh

Can the Minister explain why small businesses in York and north Yorkshire say that they cannot have access to credit and finance from the Government and from the finance credit guarantee to which she referred? What are the Government doing to make that finance and credit available?

— from debate entitled “Business Investment (Yorkshire)”

The three speeches/headings immediately before

  1. 1 earlier: Rosie Winterton

    My hon. Friend is quite right to point out the local situation in York. He has been very involved in ensuring that there is help for businesses. In fact, Yorkshire Forward supported 17 companies in York during the first two quarters of this year as part of its targeted export support services and, through the Train to Gain enhancement fund, it has supported 32 York businesses. That is a good track record for the RDA in my hon. Friend's constituency.

  2. 2 earlier: Hugh Bayley

    York is performing better than many other cities in the economic downturn. We have a lot of vigorous private sector businesses, but they need help not just with investment, but with exports and in building up their skills base through training. To what extent is Yorkshire Forward focusing on those needs?

  3. 3 earlier: Rosie Winterton

    My Department is taking a number of steps to support businesses and promote investment across the regions, including schemes such as grants for business investment, the enterprise finance guarantee and support for collaborative research and development projects. In addition, BIS supports the regional development agency, Yorkshire Forward, which has spent more than £200 million supporting businesses in the last two years.

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