15 October 2008 (PN 59)
BUSINESS AND ENTERPRISE COMMITTEE CONSIDERS THE CREDIT CRUNCH CHALLENGE
COMMITTEE ANNOUNCES FIRST EVIDENCE SESSION WITH LORD MANDELSON
The Business & Enterprise Committee today announces its forward work programme for the next month and highlights its intention to consider the impact of the current economic circumstances on business within the UK
The Committee will take evidence at its meeting on Tuesday 21 October 2008 from the newly appointed Secretary of State at the Department for Business, Enterprise and Regulatory Reform, Lord Mandelson, on the Government's views on the implications of the current economic situation for businesses and his own ambitions in his new role. These questions will form part of the Committee's annual evidence session with the Secretary of State on the department's Departmental Annual Report.
The Committee then intends to hold an evidence session with representatives from CBI and the TUC to explore how recent events in the world economy will impact on the UK's business and enterprise, including business innovation, trade and investment in new technologies and processes. The evidence session will be held as part of the Committee's on-going inquiry into creating a higher value added economy and will provide the Committee with an opportunity to consider how the 'credit crunch' is affecting UK businesses. This meeting will be held on Tuesday 4 November 2008.
The Committee is also seeking comments from interested individuals and parties which may assist Members at the meeting on Tuesday 4 November 2008. Submissions should be short (no more than four sides of A4) and e-mailed to [email protected] as soon as possible and no later than Wednesday 22 October 2008.
The Committee is also scheduled to take evidence from the Chair and Chief Executive of Consumer Focus, the new body which will take over the functions of the consumer watchdogs the National Consumer Council, Energywatch and Postwatch.
The programme is as follows:
Date and time : 21 October, 10:30 am Departmental Annual Report Secretary of State, Peter Mandelson
28 October, 10:30 am One off evidence session with newly formed consumer watchdog
4 November, 10:30 am , Higher Value-Added Economy , CBI and TUC
Timings and meeting rooms are subject to change. Those wishing to attend should check the venue by contacting the House of Commons Public Information Office on 020 7219 4272 on the day before the hearing.
Further information on the Committee's inquiry can be found on its web pages at:
Committee membership is as follows:
Chairman: Peter Luff MP (Con) (Mid Worcestershire)
Mr Adrian Bailey (Lab) (West Bromwich West)
Roger Berry (Lab) (Kingswood)
Mr Brian Binley (Con) (Northampton South)
Mr Michael Clapham (Lab) (Barnsley West and Pen.)
Mr Lindsay Hoyle (Lab) (Chorley)
Miss Julie Kirkbride (Con) (Bromsgrove)
Anne Moffat (Lab) (East Lothian)
Mark Oaten (Lib Dem) (Winchester)
Mr Mike Weir (SNP) (Angus)
Mr Anthony Wright (Lab) (Great Yarmouth)
Media Enquiries: Laura Humble, Tel 0207 219 2003/ 07917 488 489, email: [email protected]
Specific Committee Information: Tel 020 7219 5777, email: [email protected]