(5 years, 5 months ago)
Commons ChamberWe are committed to investment in infrastructure. One of the things that I have done in my three years as Chancellor is move the balance of spending towards investment in economic infrastructure, and we now have the highest level of public capital investment for 40 years. We have a National Infrastructure Commission to set long-term guidance for the Government on how to invest in infrastructure investment, and that will be considered in the zero-based capital spending review that sits alongside the main spending review. However, I assure my hon. Friend that this Government are committed to investing in the productive capacity of the UK economy, because it is the only way to raise real wages and living standards, and that is what government is all about.
(5 years, 9 months ago)
Commons ChamberI am committed, as I have been since 2016, to delivering a deal that allows us to continue our complex and long-established trading relationships with the European Union—our closest neighbours and most important economic partners. I will continue to advocate such a deal.
Given that a single Scottish police force was a Scottish Tory manifesto commitment, and given that the economy is so good that the Chancellor has found extra money for policing in England and Wales, why is he not moving towards refunding the £175 million VAT to Scottish police and fire services?
Scotland will benefit from the £100 million that I announced today through the Barnett formula. At the request of a group of my hon. Friends, we looked at the question of VAT and changed the rules, but the Scottish Government did what they did—they reorganised Police Scotland—in the full knowledge that it would have those VAT consequences.
(5 years, 10 months ago)
Commons ChamberThat is not what the Government propose or have proposed, but we must recognise that retail is changing and that the nature of our high streets has to change. The future high street will probably be smaller than the high streets of today. It makes sense to use the land that is released around our high streets to develop residential accommodation, addressing the housing challenges that we face, but also bringing footfall back into our high streets and town centre areas to give them vibrancy and a decent chance for the future.
What procurement and budget advice did the Chancellor’s Department provide the Department for Transport before it awarded a ferry contract to a ferry company with no ferries?
The Department for Transport has complied with all the Treasury’s Green Book procedures in letting the contract in question, and the decision to go ahead will have been taken with the consent of the Department for Transport’s accounting officer.
(6 years, 9 months ago)
Commons ChamberWe have asked the ONS to look at this and to consider the metrics that we could use. The objective is to be able to assess clearly where the marginal pound of capital investment should go to achieve the best effect on the economy. Without wanting to pre-empt the outcome of that work, I suspect that in the future, in a very rapidly changing economy, we will find that retraining and upskilling will be a very large part of our investment requirement.
Would the Chancellor be good enough either to meet me or send me a letter to outline the blockers to the Ayrshire growth deal, to which the UK Government have not yet committed?
It would be for my right hon. Friend the Secretary of State for Housing, Communities and Local Government to have that meeting with the hon. Gentleman, but I am very happy to pass on his request.