§ Mr. WorthingtonTo ask the Chancellor of the Exchequer what he is doing to improve the performance of the British financial services industry in terms of long-term investment in Britain. [16443]
§ Mr. NelsonLast year, the Treasury conducted an inquiry into provision of finance for industry entitled "The Industrial Finance Initiative". A summary of our conclusions was submitted to the Trade and Industry Select Committee, and I gave evidence to the Committee on 8 February. I refer the hon. Member to that submission—a copy of which is available in the Library—and in particular to the catalogue of measures since implemented to improve the terms and availability of finance for industry.