Oral Answers to Questions
Debate between Lord Pickles and Iain Wright
Mr Iain Wright (Hartlepool) (Lab)
How many jobs and businesses will be created as a result of the enterprise zone being set up on Teesside?
Mr Pickles
The hon. Gentleman seems to scoff at the idea. Having being in Teesside, it seems to me that job prospects are considerably enhanced. Frankly, he should get behind that, and not criticise it.
Local Government Finance
Debate between Lord Pickles and Iain Wright
Mr Pickles
The local government system ensures considerable redistribution from more prosperous areas to less prosperous areas. One thing that will very much warm the cockles of the Deputy Prime Minister’s heart is TIF—tax increment financing—which will give predictable incomes from business rates, ensuring that local authorities will be able sensibly and prudently to borrow against that.
Mr Iain Wright (Hartlepool) (Lab)
I am concerned that my constituency will lose out by something in the region of £20 million each year, which obviously comes on top of the £5 million following the end of the working neighbourhoods fund, the slashing of council budgets by a quarter and the abrupt cancellation of the housing market renewal initiative. Will the Secretary of State guarantee that funds will flow back into Hartlepool after year two, and that the Government will invest for the long term in my town, rather than embedding poverty and deprivation?
Mr Pickles
The hon. Gentleman should speak up for Hartlepool. [Hon. Members: “He is!”] That is, he should speak up in a way that he did not—or his predecessor did not—when the Labour Government took away area-based grants. When they did that, there was not a whimper from the Labour Benches. It is because of the good services of the coalition that we are able to introduce some kind of transition. The short answer to the hon. Gentleman’s question is yes.