The Economy

Part of Opposition Day — [10th Allotted Day] – in the House of Commons at 1:32 pm on 18th November 2015.

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Photo of Margaret Greenwood Margaret Greenwood Labour, Wirral West 1:32 pm, 18th November 2015

The Green Investment Bank has been a real success, generating investment in renewable energy projects. In just three years it has invested in 58 projects, committing £2.3 billion of its own money and leveraging more than £10 billion in additional private capital. It has done this despite Government policies working against investor confidence in the renewables energy sector. What are my hon. Friend’s thoughts on the Government’s plan to privatise the bank?