Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Rebecca Pow

Tuesday 29th November 2016 Commons Chamber

[Rebecca Pow (Taunton Deane) (Con)]

5. What steps he is taking to improve productivity in the south-west.

[The Chancellor of the Exchequer (Mr Philip Hammond)]

Investment and skills are front and centre in our plans to raise productivity across the country, including in the south-west. The autumn statement announced a new £23 billion national productivity investment fund that will be targeted at four areas that are critical to improving productivity: housing; transport; digital communications; and research and development. We also announced in the autumn statement that the south-west will receive £191 million from the local growth fund to back local priorities and support new jobs and £19.5 million extra investment to bolster the area’s resilience to flooding.

[Rebecca Pow]

I welcome the Chancellor’s words and appreciate that he is keen for funding to be granted and attached to infrastructure projects that will bring a positive economic effect. With that in mind, will he consider supporting road improvements on the Toneway-Creech Castle corridor that leads into Somerset’s county town of Taunton, which will unlock 3,000 housing units?

[Mr Hammond]

I understand that the Heart of the South West local enterprise partnership bid for this scheme is part of its local growth fund submission; as I said, £191 million has been allocated to the south-west, and details of the individual LEP allocations will be announced in the near future. The Government are very supportive of using infrastructure to open up house building and employment opportunities, and from what she has said about this road, it sounds as though the project in question would fit very well with Government priorities.

Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Rebecca Pow

Tuesday 19th July 2016 Commons Chamber

[Mr Hammond]

I am delighted to join the hon. Lady in making such an appeal. I am glad that the Government have been able to support this very valuable fund in memory of Jo Cox, and I am sure that members of the public, seeing the Government contribution, will now want to redouble their efforts to support it.

[Rebecca Pow (Taunton Deane) (Con)]

I add my welcome to the Chancellor and the new Treasury team.

There is a great need in the south-west to provide more high-skilled jobs to boost productivity. In order to do that, we need to attract the right businesses. In this post-EU world, could the Chancellor kindly give his commitment, much praised so far, to the A358 upgrade for those in Somerset?