(8 years, 6 months ago)
Commons ChamberOur universities and scientific institutions continue to be the best in the world. We are opening the Francis Crick Institute this very week, which is an emblem of our leadership in this sector. As the hon. Gentleman will see as we discuss our industrial strategy in the weeks and months ahead, I am determined that reinforcing the position of scientific excellence and innovation will be central to our economy and to how we project the strategy forward.
It will, indeed. We have embarked on the biggest programme of house building since the 1970s. Unfortunately, when they were in office, the previous Government accumulated a housing deficit and debt of similar proportions to the financial deficit and debt. This Government are correcting that: we are building homes for young people across the country so that they can do what previous generations did, which is to count on having a home of their own.
That is slightly misleading, because only 7% of local authorities think the new starter homes initiative is any good and 60% think it will be useless in their area. Is that not a fact? Look at this all-male, middle-aged group on the Government Front Bench who are saying to young people in our country, “There’s no hope of a home—not in their lifetime.”
There is nothing misleading, inadvertently or otherwise, about our commitment to giving many hundreds of thousands of young people the chance to have a home of their own. I would have thought that, for the next generation in his constituency, the hon. Gentleman would be promoting the availability of starter homes, giving people who have not been able to buy a home the possibility of doing so. He should get behind that scheme.
The answer to the first question is that compensation will be paid in the way that it always has been when we have reduced business rates: as a section 31 grant from Government to local authorities. That mechanism is tried and tested, as the hon. Gentleman knows, and it is the way these sums are always paid. He will also know that, when it comes to the full retention of business rates by 2020, the forecast, as I said, is that there is £26 billion of revenue, and councils retain £13 billion. Therefore, there are transfers that need to be made in, which will be taken into account by the end of the process. However, I know that his Select Committee, and local government generally, will want to help to advise on that.
Did the Secretary of State see comments in the Sunday papers saying that poorer areas of the country will again be doubly disadvantaged? What is the point of mucking around with local government finance if we continue to rob local government of its powers? Taking away responsibility for education must be one of the most shocking and negative things that I have heard in any Budget.
For generations, local government has argued that it should be financed from its local revenues. It has taken this Government, in devolving powers and finance, to say that every penny of business rates raised by local government should be kept by local government. The hon. Gentleman talks about the devolution of powers, but he will know that many members of the Labour party in towns and cities across the country have welcomed the devolution of powers to local government under this Government, which is something that I am very proud of.
(9 years, 3 months ago)
Commons ChamberI do agree with my hon. Friend. One of the effects of the financial crash was that many small builders left the industry, and we need to get them back and involved. My hon. Friend has a good idea. The direct commissioning scheme that we have announced, whereby we can carve up public sector land into small plots so that small builders can take advantage of it, will be a big step forward, too.
We should have an end to these excuses. There is a generation in the rented sector who have no hope of owning their own homes. Is it not about time that we had some bold, imaginative policies? How many new towns are there? How many new generations of building are going on? How many houses are being built in Ebbsfleet, for example, which is supposed to be a new town? Will the Secretary of State answer that?
And I have been here since prayers, Mr Speaker, so I have been very patient.
The Secretary of State knows from the migration figures that more and more people want to come and live in this wonderful country, and he knows that more and more people want affordable homes. Will he do something dramatic about building houses and will he stop his plan to sell off housing association stock, or does he want to turn our cities into ghettos, as the French have done with theirs?
No one could be more determined to increase our housing supply than Conservative Members. The hon. Gentleman will know that, when I was the Minister for Planning, we reformed the national planning policy framework, which has increased planning permissions by more than 60% to 260,000 homes a year. What we have done in office is in stark contrast to what Labour Members did in office, when housing completions fell to an all-time low.