Clive Betts
Main Page: Clive Betts (Labour - Sheffield South East)Department Debates - View all Clive Betts's debates with the HM Treasury
Regional Growth
Clive Betts Excerpts(3 days, 6 hours ago)
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Darren Jones
I am pleased that the Liberal Democrats welcome today’s announcement, which is specifically about investment in city regions. The House will know that, at the 2024 autumn Budget, the Chancellor said that this Labour Government are choosing investment over decline, which is why we are increasing investment in every part of the country. Announcements outside of city regions will come next week at the spending review. To some of the hon. Lady’s broader questions on policy, I can tell her that we will debate the infrastructure strategy the week after that. She will have to bear with me, but she should know that there is good news coming, because Labour is delivering.
Mr Clive Betts (Sheffield South East) (Lab)
I very much welcome the commitment to city regions. Nationally, our city regions have underperformed on growth compared with continental cities. On South Yorkshire, I welcome the £1.5 billion to restore and renew our tram network and to improve our bus services, but I understand from the mayor that discussions are still under way about a tram-train project to link Stocksbridge in the north to Beighton and Woodhouse in my constituency in the south. That project will unlock sites for housing and employment growth. Will my right hon. Friend agree to give further consideration to discussions with the mayor to unlock that extra funding for those growth projects?
Darren Jones
As my hon. Friend has mentioned, the Mayor of South Yorkshire has been given £1.5 billion, which is in line with our commitment to devolution and to city region mayors. It is for the mayor to decide how that money is spent. As my hon. Friend suggests, the mayor has announced that some of this money will be allocated to the tram network, but it will be for the mayor and the combined authority to decide how to use the balance of this funding for other projects in the region. As always, I am very happy to meet him and the mayor to consider what options are available.