Autumn Statement Debate

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Department: HM Treasury

Autumn Statement

Darren Henry Excerpts
Thursday 17th November 2022

(1 year, 11 months ago)

Commons Chamber
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Jeremy Hunt Portrait Jeremy Hunt
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We do, and we are working on that. We will make sure it is paid as quickly as possible.

Darren Henry Portrait Darren Henry (Broxtowe) (Con)
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I thank the Chancellor for his statement today. It is right, of course, that we focus on stabilising the economy and improving growth, while ensuring support is in place for the most vulnerable in our society. This statement has set out to achieve that, but there were two points of particular concern to my constituents in Broxtowe. One was the triple lock, so I was delighted that that remains. The other was investment in infrastructure and transport in the east midlands, and I did not hear anything about that. The east midlands has the lowest investment in transport infrastructure year on year. Could the Chancellor lay out how the east midlands will benefit from his statement today?

Jeremy Hunt Portrait Jeremy Hunt
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I thank my hon. Friend for his question. The detailed decisions about what we do with respect to infrastructure in the east midlands will follow, but I want to reassure him that we have not made big cuts in our capital budget. We have protected it at the very high levels it was increased to by a previous Conservative Government. As a result, we will be in a better position to support regions such as the east midlands than we would have been had we made the mistake of mortgaging our future by cutting our capital spend.