Clive Betts
Main Page: Clive Betts (Labour - Sheffield South East)Department Debates - View all Clive Betts's debates with the HM Treasury
(2 years, 4 months ago)
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Kwasi Kwarteng
I would be very interested in having a conversation with my hon. Friend about that, and I refer him to my right hon. Friend the Secretary of State for Levelling Up, Housing and Communities, who is engaged in these conversations as we speak.
Mr Clive Betts (Sheffield South East) (Lab)
So after 12 years of failure, the answer, apparently, is first to blame workers and their trade unions, and then to blame the planning system—the system for which the Government have been responsible for the past 12 years. On the new investment zones, which sound rather similar to the failed enterprise zones of the 1980s, will the Chancellor explain what planning requirements will be abolished? Will that include the abolition of the requirement to build affordable homes for those who cannot afford to buy? Has he done a detailed cost-benefit analysis of the proposals, and if so, will he put that assessment in the Library by the end of today?
Kwasi Kwarteng
As I said, the core principle of the investment zones is consent; they will not be imposed on people. Actually, there have been successes with the enterprise zones—I look at places such as Canary Wharf—and I think that the investment zones will also be successful and we will look back fondly.