(2 weeks, 1 day ago)
Commons ChamberThis Government’s commitment to economic growth will improve living standards for people right across the country. I refer the hon. Member to my previous answer and suggest that his party might want to apologise before trying to lecture this Government on the change that we are delivering.
We have brought stability back to the economy, which is the foundation for attracting investment and is vital to our growth mission. We have already launched the national wealth fund, which will mobilise over £70 billion of private investment with an expanded remit for the Office for Investment overseen by the Minister for investment. In October, we welcomed global investors from around the world to London for the international investment summit, where we were able to announce a record-breaking £63 billion of private sector investment into our economy.
I have been meeting a number of maritime companies in and around the port of Southampton, and they tell me that the single biggest key to unlocking further investment would be the expansion of the national grid to our city. What steps is the Chancellor taking to secure that vital investment, and will she meet me and local industry leaders to discuss how this would boost our local and national economy?
It was a pleasure to go to my hon. Friend’s constituency in June to see the port and the wealth creation and jobs that it is bringing to Southampton. As I set out in the autumn Budget, as well as focusing on the national wealth fund’s capital investment in ports, we are committed to accelerating grid connections and ensuring that new network infrastructure is built at pace to unlock investment and growth opportunities. We are particularly focused on driving network build, including by completing the strategic planning of the energy system needed for 2030, to ensure that projects such as those my hon. Friend has mentioned in Southampton make the progress that they need to.
(2 months, 1 week ago)
Commons ChamberI welcome the opportunity to speak about what it means to have a Government who will not just talk about opportunity, but take action to bring opportunity, aspiration and ambition to not just 7% of the population but 100% of our children and young people.
Like my hon. Friends, I note that the Opposition motion expresses the Conservatives’ “regret” over this policy. Do they not regret 14 years of underfunding our state schools? Do they not regret slashing opportunity by shutting Sure Start centres lock, stock and barrel? Do they not regret growing child poverty on their watch? Do they not regret that more Members on their Benches have turned out today to defend tax exemptions than did to defend their record on the NHS last night?
I am proud to stand here today because this is a Government who are putting ambition and opportunity front and centre in our missions. Our principle—that everyone growing up in my constituency of Southampton Itchen should have the opportunity to get the best start in life, to do well, to be ambitious and to be supported to fulfil their dreams—should not simply be the preserve of children in independent schools. Every parent wants the best for their children, whichever school they choose.
I have had parents who have taken the decision to pay for private education for their children get in touch with very real concerns, which I acknowledge—that they are not all the super-rich, and that not all independent schools are like the Etons and Harrows of the world. But claims of an exodus from private schools to state schools are, I am afraid, completely unfounded. Opposition Members should be listening to the chief executive of the Independent Schools Association, representing less prestigious, less expensive schools, who has talked about how many might benefit from a “trading down”, which means more students and more income to their schools.
As my hon. Friend the Member for Crewe and Nantwich (Connor Naismith) noted, there have been above-inflation price increases for those schools year on year, and there has been no diminishing of student numbers. One small independent school that many children in my constituency attend said it has already made plans. It has planned for business and they will pass just 4% on to school fees. So this is not about restricting parents’ choice; it is not anti-private school. It is about fairness, and it is a question of priorities. Improving all our state schools to benefit everyone costs money, and that is why we cannot justify these tax breaks any more.
I wonder, reading this tone-deaf motion from the Opposition, what they would say to constituents in Southampton, where many schools have had to ask for donations, and where the teachers they do not think deserved a pay rise have been struggling. We make this choice with no apology.