Autumn Statement Debate

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Department: HM Treasury

Autumn Statement

Baroness Bottomley of Nettlestone Excerpts
Thursday 4th December 2014

(9 years, 11 months ago)

Lords Chamber
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Baroness Bottomley of Nettlestone Portrait Baroness Bottomley of Nettlestone (Con)
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My Lords, I am delighted to follow the right reverend Prelate, particularly with his responsibilities in Portsmouth, since I have a special affinity with the Isle of Wight as Baroness Bottomley of Nettlestone. I strongly endorse his comments about assistance for hospices. So many of us have campaigned for so long for that small measure, and it is welcome to see it achieved. On his comments about carers, I worked for many years with the late Lady Seear on what was the precursor to Carers UK. Even the smallest change in assistance for those caring seemed impossible—like getting blood out of a stone—so this is another welcome new development.

I also agree with the right reverend Prelate about the dignity of work, but the fact that 1,000 new jobs a day have been created since this Government came to power is an extraordinary achievement. I am not Mary Poppins, but the success of the changes in very difficult circumstances in the UK compared with the rest of Europe—France and Germany have been mentioned, while Japan is in recession—is a remarkable achievement. A great deal of tribute should go to the Chancellor. I do not say that only because I am sitting next to his father-in-law and feel that if I misspoke I might get into trouble with my neighbour. It is a remarkable achievement.

I pay tribute also to the Commercial Secretary. How many appreciate that this tremendous investment in infrastructure has been very much the responsibility of my noble friend Lord Deighton since he came into government? When I was a Minister in 1987 and again in 1992, I solved the Stonehenge problem. We were going ahead. It did not happen. How many infrastructure projects have been stuck on the drawing board? The Commercial Secretary has brought particular skills to make things happen. The House should pay tribute to him for that work.

Most especially, I commend the priority given in the Autumn Statement to the northern powerhouse. I speak as the Chancellor of the University of Hull and also, I am delighted to say, the Sheriff of Hull. The noble Lord, Lord Mandelson, is the high steward, but I am the sheriff. I agree with and endorse one specific comment made by the noble Lord, Lord Adonis: when is HS3 going to arrive in Hull? It is exciting to see the recognition of the northern cities, the northern powerhouses. In the same way that it was rivers and waterways that brought prosperity to so many parts of the country, today it is rail and road. The only way we will restore the economic strength of those cities is through this substantial infrastructure investment.

I link that with investment in human intellectual infrastructure. The Autumn Statement at long last introduces loans for postgraduate studies, which we should all welcome enormously. It has been widely welcomed. Nicola Dandridge, chief executive of UUK, said:

“We support the government's recognition of the substantial benefits arising from postgraduate taught education, and the need for support to ensure that some students are not priced out of further study”.

Don Nutbeam, vice chancellor of Southampton University, said:

“For many professions, a postgraduate degree is essential. Without affordable access to postgraduate education, many professions were simply out of reach of those who could not afford to pay”.

The NUS vice-president called it,

“a major step in the right direction”.

That is really important and very exciting.

I also celebrate the fact that the Francis Crick Institute in London will have a brother in the Sir Henry Royce development in Manchester. That is very exciting. I see my noble kinsman, the noble Lord, Lord Hunt of Chesterton, in his place. Our shared grandfather was at the age of 32 the principal of Central Manchester College of Technology, and we have always been brought up to have huge respect for the intellectual capital in that area.

Let me speak briefly about the National Health Service. A flourishing National Health Service facilitates economic growth and business opportunity. A healthy population with readily accessible health treatment, care and prevention is critical. The additional funding is hugely important. The £2 billion is very welcome, using the fines from the banks to support GP premises. Like others, I am greatly looking forward to the maiden speech of my noble friend Lord Rose of—well, an unspeakable name, but it is near Saffron Walden—because I hope that he will share with us how in the commercial world across the country people have to transform, reinvent and re-engineer services. With our sacred cow and much loved institution, we must translate the way in which services are developed.

This is a really encouraging Autumn Statement, and I support those who paid tribute to the Treasury team who made it possible.