Lord Inglewood
Main Page: Lord Inglewood (Non-affiliated - Excepted Hereditary)Department Debates - View all Lord Inglewood's debates with the Wales Office
(6 years, 9 months ago)
Lords ChamberMy Lords, the noble Lord is right to draw attention to our many successful regional deals involving metro mayors, many of whom are operating very effectively across political parties, and to say that those are working well. The Government, as always, are focused on the future rather than the past. We are developing a very successful policy and I am glad that it has the noble Lord’s backing.
My Lords, I declare an interest as a Cumbrian. Can my noble friend confirm that the money being talked about is new and not simply money that the local authorities in the area have anyway, and it is a question of robbing Peter to pay Paul?
My Lords, we do not know what the new money will be; it depends on the proposals made to the Chancellor, but in all likelihood there will be new money, just as there has been in other growth deals. Not all the money is from the public sector by any means; much of it will be driven by very successful businesses in the private sector.