The Westminster lensArchive · §02 Speeches · 555 contributions

Speeches by McDougall.

Every Hansard contribution by Blair McDougall this parliament, most recent first. Back to the MP page for the headline figures and analysed positions.

Showing 181200 of 555 contributions · most-recent first

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DateDebate & contributionWords
10 Dec 2025Seasonal Work

The right hon. Gentleman hits the nail on the head when he talks about people not spending money. That is exactly why this Labour Government are taking action to put money into people’s pockets. We must recognise that a big part of why it has been such a difficult 10 years for business were the stagnating living standa

economy-jobslabour-marketfiscal-policy
147
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

Yes, certainly.

2
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

Would you like that in writing?

6
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

That increase in financial firepower delivers a two-thirds rise in annual funded commitments, a doubling of the investment business, a doubling of the investment into funds for growth-stage companies, the ability to write bigger checks of £100 million-plus and a doubling of the direct equity investment in order to help

71
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

The growth guarantee scheme has been extended. The ENABLE guarantee scheme has been expanded as well. The judgment is about which of the two different models gives you more bang for your buck between guaranteeing loans and guaranteeing an element of the portfolio. That is something that we have been going back and fort

82
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

The five-year strategy that was published extends it throughout the course of that and expands other guarantee schemes.

18
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

That is five years from this year.

7
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

At the risk of stating the obvious, the starting point for what you described is making sure there is a pipeline of scalable businesses in the first place. The British Business Bank has a really good story to tell on that. Of the 180,000 businesses supported by the bank, 84% are outside of London. That is something tha

67
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

The growth guarantee scheme has been extended throughout the five-year period of the British Business Bank’s strategy.

17
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

Just to add to that, you talk about an oil tanker turning around. I would perhaps say that we were previously stuck in the mud. Previous Governments have spoken about this. There is reason to be a little bit more hopeful. Just to look within the British Business Bank part of the landscape, we will shortly close the fir

147
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

Yes, absolutely.

2
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

It does. That is certainly something that we can take away and talk about with the national wealth fund. My colleague in DBT, Minister McDonald, has been speaking to the project managers about this. They are clear that it is still their intention to have 50%-plus value from within the local and UK supply chains. It is

63
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

You are a doughty fighter on these issues. It is not the first time that I have heard you make these arguments, and you are right to make them. The CCUS sector has a voluntary target for 50%-plus value to be local content. The scheme that you are particularly raising is not a public procurement.

55
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

All Government Departments are working on their procurement targets for SMEs. At the moment, they will have to report on those three-year targets. We are working on our own at the moment as well. We spoke about this last time. The old global target did not work. It did not drive change. Trying to get individual Departm

77
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

We spoke about this when I was in front of you a few weeks ago. In addition to the changes in the Procurement Bill, we want to have more of an understanding across Government of pushing the envelope of the social value of contracts. That means not following the habit of a simplistic value-for-money analysis but instead

73
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

Yes.

1
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

The first thing to say in terms of the state as a lender is that most of what the British Business Bank does is through private institutions for exactly the reason that you say. I met a few days ago with CDFIs, which have a remarkable story to tell in terms of their growth. I also met Lloyds about their support for CDF

189
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

Just to add to that, the regional cluster champions that we are talking about and that the bank is recruiting at the moment will have a high degree of overlap in the devolved regions. They are going to be there, in those regions, working with the combined authorities on exactly what you are describing.

54
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

At the moment, the British Business Bank is in the course of recruiting 10 cluster champions to support the development of that financing ecosystem in a more fairly distributed way around the country, based on the 10 innovation clusters out there. It is also trying to support the development of that ecosystem through t

82
9 Dec 2025Business and Trade Committee — Oral Evidence (HC 1220)

I would have to do the maths and come back to you on that.

14
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Sources
SourceHansard · official report
MethodEach row is one contribution (intervention or speech). Word count from the official text.