Autumn Statement Debate

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Department: HM Treasury

Autumn Statement

Alison Seabeck Excerpts
Wednesday 3rd December 2014

(9 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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My hon. Friend is absolutely right. It is a major reform of stamp duty that gets rid of the very distorting slab system. The current stamp duty system has attracted huge criticism from all sorts of groups, including property websites, those who help people to move home and, of course, home buyers. [Interruption.] The hon. Ladies on the Opposition Front Bench say, “Do it in the Budget.” I am doing it now so that people can benefit from it now.

Alison Seabeck Portrait Alison Seabeck (Plymouth, Moor View) (Lab)
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The Chancellor did not pay significant attention to productivity in the south-west in his speech. Our devastated rail line is just getting crumbs from the table, and those are buried in the national infrastructure plan. We have a feasibility study that is semi-permanent, with no guarantee of investment until 2019-20. The Prime Minister said that money was no object when we had the storm damage, but he clearly did not mean it. People in the south-west will not forget and will be angry.

George Osborne Portrait Mr Osborne
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What the hon. Lady says does not bear a resemblance to what has been announced this week. The south-west is one of the biggest winners from the infrastructure plan that we have announced, with a massive upgrade of the A303 and the A358. In all the years of the Labour Government, nothing happened to those roads. The Dawlish rail line had problems when the storms came, which I guess says something about the investment that the Labour Government put into it, but I will move on from that. Not only have we repaired the rail line; we are looking at an alternative route to increase resilience to the south-west. We have also provided new trains on the sleeper route and made local road improvements, such as the—

Alison Seabeck Portrait Alison Seabeck
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They’re crumbs!

George Osborne Portrait Mr Osborne
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This is billions of pounds of investment into the south-west of England that never happened under the Labour Government. The Labour Government completely neglected the south-west of England, and the Labour MPs who represented those constituencies got absolutely nothing from them. Conservative candidates and Members of Parliament are delivering for the south-west.