Autumn Statement Debate

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Department: HM Treasury

Autumn Statement

Barry Gardiner Excerpts
Thursday 5th December 2013

(10 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I agree with my hon. Friend which, of course, is not very difficult because that is now the general conclusion. Indeed, I have just heard that a source in the office of the Leader of the Opposition says:

“Labour has a very strong economic argument to make. Unfortunately it was not made well in the Chamber today.”

I agree with my hon. Friend about growth in Norfolk and across East Anglia, and there is real commitment to science, which I know is a particular passion of his. As detailed in the document, we intend to set out next year a long-term science strategy so that we can get right the investments in technologies and discoveries that will transform our world.

Barry Gardiner Portrait Barry Gardiner (Brent North) (Lab)
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While the Chancellor was speaking, 30-year-high storm surges have been battering the coast of Britain. If he looks at the national infrastructure plan, he will find that the rate of coastal realignment is happening, in the view of the Energy and Climate Change Committee, at only one fifth of the pace necessary to avoid wholesale flooding that will cost billions of pounds to the economy. Will he look at that issue again, and at the funding for flood defences that this year has been reduced from £633 million to £527 million?

George Osborne Portrait Mr Osborne
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I will certainly look at the report that hon. Gentleman mentions. As I said in my speech, it is right for all of us to remember that people are enduring some very adverse weather conditions on the east coast of Britain and our emergency services are working hard to protect them.

On the broader point, we are investing in flood defences. We have recently increased the investment going into flood defences, and that is all part of the long-term infrastructure plan that this country needs.