Autumn Statement Debate

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Department: HM Treasury
Wednesday 5th December 2012

(11 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I welcome the hon. Gentleman’s support for some of the measures we have taken to help the Northern Irish economy, which I am well aware has particular problems in the banking system that require even more attention. I have always sought to respond to the Executive’s proposals where there is a specific case for Northern Ireland, as we did with transatlantic flights, for example. More generally, we are committing additional money to infrastructure, and I want some of that additional infrastructure to be in Northern Ireland. We are also guaranteeing infrastructure projects across the United Kingdom, and £10 billion of projects have pre-qualified for that under the legislation we took through Parliament this autumn. That scheme is available to people and companies in Northern Ireland, and if the Executive want to talk to the Treasury about what more we can do to encourage take-up in Northern Ireland, I would be happy for those conversations to take place.

Cheryl Gillan Portrait Mrs Cheryl Gillan (Chesham and Amersham) (Con)
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I welcome my right hon. Friend’s proposals, particularly the extension of the expenditure envelope for infrastructure plans, but will he personally ensure that our transport policy is fully integrated? At present, the proposals for HS2 completely ignore any plans we might have to expand our airport capacity. There is little point in building or announcing any extension to the railway if it does not connect adequately to our major international hub airport. Will he personally look into this?

George Osborne Portrait Mr Osborne
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Of course I understand why my right hon. Friend speaks on behalf of her constituents who will be affected by the High Speed 2 development, but I think that it is the right infrastructure for our country, and that it will help to change the economic geography of Britain by connecting some of our northern and midland cities with London. I hope she will acknowledge that we have been generous with some of the compensation as well. She asked specific questions about the extension to Heathrow and the design of the route. My right hon. Friend the Transport Secretary would be better placed to answer them, and in the new year he will have more to say about the route to the north-west and to west Yorkshire.