(2 days, 18 hours ago)
Commons ChamberWe will all miss John Prescott. He was a titan of our politics, and a man not afraid to come out swinging for what he believed in.
The figures show that capital spending on transport is not rising under Labour; it will fall by 3.1% in real terms next year. We have huge tax rises and a more than £70 billion increase in tax. Labour’s black hole myth has been debunked by the Office for Budget Responsibility, the Financial Times and the Institute for Fiscal Studies—all real economists—so why the cut in capital spending? The Secretary of State was out of her depth when she negotiated a £9,000 pay rise for ASLEF train drivers with nothing in return. Was she out of her depth when she negotiated with her own Chancellor?
This Budget delivered £1 billion funding for local bus services and transformational capital investment in infrastructure projects, such as the trans-Pennine route upgrade, the A57 and, of course, East West Rail. This Government are committed to investing, investing, investing in transport, transport, transport.