Chris Williamson
Main Page: Chris Williamson (Independent - Derby North)Department Debates - View all Chris Williamson's debates with the Home Office
(6 years, 11 months ago)
Commons ChamberI also congratulate my hon. Friend’s local fire authority on the good work that it has done. I am happy to volunteer the Minister for Policing and the Fire Service for an early meeting with my hon. Friend to address her concerns.
We constantly hear Ministers at the Dispatch Box talking about reserves in the fire and rescue service as if there is some sort of magic money tree, but is the Secretary of State aware that most of the reserves are already earmarked for future spend? The annual budget for the fire and rescue service in England is £2.3 billion, yet it holds only £143 million in unallocated reserves. That is less than a month’s operating costs. Is she seriously suggesting that capital reserves of just 6% are an adequate buffer for all emergencies? If she is, she is living in cloud cuckoo land.
I can generously deny that I am living in any cloud cuckoo land—to wipe that immediately from the hon. Gentleman’s views. I just think he is being too lenient on these enormous reserves that have been accumulated. They have grown by 150%; they are now 40% of annual revenue. I know that the Labour party is not familiar with careful public finance guarding, but I urge him to take a little more scrutiny to this matter, rather than treating it like some Venezuelan dictatorship.