Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Amanda Milling Excerpts
Tuesday 19th July 2016

(7 years, 9 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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No. The UK remains very much open to foreign investment, but we are very clear that we want investors who will invest in British technology, British jobs and businesses headquartered, based and directed from the UK. We are not open to asset-strippers.

Amanda Milling Portrait Amanda Milling (Cannock Chase) (Con)
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3. What steps he is taking to support infrastructure development in the west midlands.

Andrew Stephenson Portrait Andrew Stephenson (Pendle) (Con)
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4. What steps he is taking to support infrastructure development in the north- west.

David Gauke Portrait The Chief Secretary to the Treasury (Mr David Gauke)
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There are 40 schemes in the west midlands in the infrastructure pipeline, with a total value of £7.6 billion. More than 300 infrastructure schemes have been delivered in the west midlands since 2010. There are 88 projects in the north-west in the infrastructure pipeline, with a total value of £34.5 billion. More than 240 infrastructure schemes have been delivered in the north-west since 2010.

Amanda Milling Portrait Amanda Milling
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I congratulate my right hon. Friend on his new role. The Rugeley B power station site is truly a hub of connectivity, where the national grid, broadband and rail infrastructure all come together, and it is an ideal location for redevelopment. Will my right hon. Friend outline the assistance that the Government can provide to ensure the speedy redevelopment of the site, and will he meet me to discuss the possibility of creating a Rugeley enterprise zone on this strategically important site in the west midlands?

David Gauke Portrait Mr Gauke
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I thank my hon. Friend for her kinds words, and for her question. It is not the first representation that I have received in the few days in which I have been doing this job, and I suspect that it might not be the last I receive today. I would be delighted to meet her to discuss the enterprise zone and the site that she talks about. It is important that we have world-class infrastructure. If we can bring that together in various forms on particular sites, it will enable us to make further and faster progress. I look forward to discussing that with her in future.