Oral Answers to Questions

Andrew Bridgen Excerpts

Wednesday 6th March 2013 Commons Chamber

[The Prime Minister]

First, I welcome the fact that the hon. Gentleman supports the Government’s G8 initiative on tax transparency, on which we are going to make some real progress. The reason for replacing the 50p rate with the 45p rate is that the 50p rate was not raising proper money. Indeed, it raised £7 billion less. That is probably why for 10 years in office the Labour party never put it in place. That is also why under this Government the 45p rate will be a higher rate than ever it was when the two croupiers were sitting in the casino.

[Andrew Bridgen (North West Leicestershire) (Con)]

Q14. The widely disputed economic benefits of HS2 may or may not be realised in 20 years’ time. However, the blight, fear and anxiety the project generates hit my constituency on 28 January with the announcement of the extended route. I now have constituents who cannot sell their houses, businesses uncertain about their future and the potential loss of a £500 million private sector investment set to generate 7,000 jobs in 2016. Can my right hon. Friend ensure that representatives of HS2 visit my constituency to address the real concerns of my constituents about this project?

[The Prime Minister]

I am very happy to make sure that what my hon. Friend asks for happens. I quite understand that the launch of a project such as HS2 causes a lot of local concern and unease. That is why we are putting in place such a large national consultation and will put in place a very generous compensation scheme. If we are to win in the global race economically, we must ensure that we invest in new infrastructure, whether roads and bypasses, bridges, tunnels or, indeed, railways including high-speed rail. The rest of the world is getting on board the high-speed rail revolution and it is right that we should too.