(9 years, 5 months ago)
Commons ChamberMy hon. Friend makes a good point. According to the OBR, if productivity growth per worker was closer to 4%, our national debt would be £350 billion lower by the end of this Parliament. There is a connection between the choices that are made in fiscal policy and the productive nature of our economy.
The OECD confirmed just yesterday in a sobering reality check for the Chancellor that continued weak productivity could lead to a higher than expected budget deficit, and he should listen to the OECD.
The shadow Chancellor rightly says that infrastructure is important. On the day when, by coincidence, the Crossrail tunnel is completed, will he not bring himself to recognise that, even at times of great public spending restraint, the last Government continued and, I am sure, this Government will continue with essential infrastructure spending on rail and roads, which lays the foundations for future long-term prosperity, but is difficult to do if the Government run up an unsustainable deficit?
The civil service used to have a phrase for things like this. It was a brave decision of the right hon. Gentleman to defend his Government’s record on infrastructure. Many projects that were started under the previous Government have still not been completed. Would it not be better if we rose above party political picking out of which infrastructure project should proceed and tried to have a more mature debate about how we plan infrastructure in this country?
The Chancellor knows that Sir John Armitt’s report on infrastructure was widely received across the business community and that all sorts of parties wanted to find an independent approach to infrastructure planning. I still believe that that would be a better, more grown up way to plan for infrastructure.
(11 years, 10 months ago)
Commons ChamberI know that my hon. Friend has rightly campaigned hard on this subject. I am not entirely persuaded that there is such a gap in the law. If the driving is below the appropriate standard, a variety of offences are available, including causing death by careless driving while under the influence. If the driving had not been affected, it would not be right for the driver to be charged with anything more than a drink-driving offence.
Is the Minister not aware, however, that there is still a problem, in that the penalties imposed by the courts for driving without insurance are sometimes lower in cost than buying that insurance in the first place? Will the Minister take steps to address that anomaly, as too often there is a perverse incentive for young drivers in particular to avoid paying their car insurance, taking the risk that the penalty will be less than the costs involved?