Jessica Morden – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Jessica Morden on 2016-01-20.

To ask the Secretary of State for Business, Innovation and Skills, what steps his Department plans to take to ensure that the privatisation of the Green Investment Bank represents value for money to the public purse.

Anna Soubry

The Government is following best practice recommended by the National Audit Office (NAO) to ensure a sale of the Green Investment Bank achieves value for money. This includes following the NAO’s recommendations on Government asset sales that were set out in its report on the sale of the Government’s shares in Eurostar.

We are consulting with the NAO about the approach we are taking, and will continue to assess whether we are achieving value for money for the taxpayer through all stages of this process.