To ask the Minister of State, Department for Business, Innovation and Skills what discussions Ministers in his Department have had with (a) the Chancellor of the Exchequer, (b) the Governor of the Bank of England, (c) representatives of UK businesses, (d) any such bank or similar institution overseas and (e) the European Commission on the merits of establishing a state-owned investment bank; and if he will make a statement. (319912)

Ministers in BIS have frequent discussions within and outside Government about options to ensure that there continues to be adequate investment to promote economic growth in the period ahead.