§ Mr. HoramTo ask the President of the Board of Trade what response her Department made to the Bank of England's October 1996 report on the financing of technology-based small firms. [12237]
§ Mrs. RocheThe Minister for Trade and Competitiveness in Europe, Lord Simon of Highbury, welcomed the Bank of England's report as a very useful contribution to pinpointing the issues associated with the financing of technology-based small firms when speaking in the House of Lords on 19 June 1997 in the debate on the House of Lords Science and Technology Committee's report "The Innovation-Exploitation Barrier".
The Government are now discussing with the Bank of England the recommendations for action in the report.