Jobs and Business

Part of the debate – in the House of Commons at 9:34 am on 10 May 2013.

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Photo of Chuka Umunna Chuka Umunna Shadow Secretary of State for Business, Innovation and Skills 9:34, 10 May 2013

There has been speculation about the Government entering into a hasty sale of RBS. Will the right hon. Gentleman assure the House that the Government will look to ensure that the bank returns to a far healthier position before they contemplate privatising it? On his earlier comment, I agree about the problems that small businesses face in dealing with banks, but does he not accept that the economic outlook has also had an impact on the pressing demand for lending for small businesses?