Spring Statement Debate

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Department: HM Treasury

Spring Statement

Alan Brown Excerpts
Tuesday 13th March 2018

(6 years, 9 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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We 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.

Alan Brown Portrait Alan Brown (Kilmarnock and Loudoun) (SNP)
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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?

Lord Hammond of Runnymede Portrait Mr Hammond
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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.