Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Anneliese Dodds Excerpts
Tuesday 7th January 2020

(4 years, 3 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I think the hon. Lady is referring to the Government’s plans to review all our frameworks, processes and mechanisms to allocate investment spending. That work is under way, and the Chancellor and other Ministers will update the House, as required, as more details emerge.

Anneliese Dodds Portrait Anneliese Dodds (Oxford East) (Lab/Co-op)
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A very happy new year to you and everyone in the House, Mr Speaker.

The regional investment gap of £63 billion in transport alone is compounded by deindustrialisation. Yesterday, a senior Minister—anonymously—dismissed concerns over customs and rules of origin barriers as

“lobbying from industries that are in secular decline”,

but they are felt by all advanced manufacturers. What will the Chancellor do about his colleagues who seem to blithely accept further regional job losses in manufacturing?

Rishi Sunak Portrait Rishi Sunak
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I was in the Tees valley earlier this week, and what I heard there from manufacturers was incredible support for this Government’s agenda of spreading opportunity, driving investment in regional infrastructure and sensible taxation of manufacturing companies, all of which will lead to higher growth, more jobs and better investment for their community.