Small and Medium-Sized Enterprises — Question

Part of the debate – in the House of Lords at 11:28 am on 22nd November 2012.

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Photo of Lord Marland Lord Marland The Parliamentary Under-Secretary of State for Business, Innovation and Skills 11:28 am, 22nd November 2012

If I may say so, that is a rather disappointing question from someone with so much expertise in business. We all know that the heart of the problem is the banking crisis. That was not caused on our watch, so we are perfectly entitled to look in the rear view mirror and say that it was not our fault. I do not think there is any lack of entitlement there. We have to get finance into the market, but what is much more important is that we have to be outward looking and developing trade. That is what the Government are doing and, my goodness, I have been to some countries over the past few years that have not had a labour trade Minister for years. That is why the Government are committed to expanding exports, helping SMEs and helping big companies to act as mothers to smaller companies in an export drive that is going to be fundamental to our growth.