Government Spending Cuts

Debate between David Laws and Conor Burns

Wednesday 26th May 2010 Commons Chamber

[Mr Laws]

I am grateful to the hon. Gentleman for his kind comments. We are giving that flexibility to the devolved Administrations, although I say to them that it is important that they start to make the savings as soon as possible; if they simply wait until next year, they will find it more difficult to make the adjustment. I make an undertaking to the hon. Gentleman that the Treasury will remain open to discussions with all the devolved Administrations, to make sure that their concerns are properly taken into account.

[Conor Burns (Bournemouth West) (Con)]

I warmly welcome my right hon. Friend’s announcement on the future of our colleges, which were so cruelly deceived by the previous Government. It will give great optimism to Bournemouth and Poole college, which was encouraged by the Labour Government to move out of its buildings and seek new funding for new buildings. The announcement will give great optimism and prove that, even in these difficult times, the Government are committed to giving our young people the best start in life.

[Mr Laws]

I agree very much with my hon. Friend. The management of the colleges capital programme was, as independent commentators as well as party politicians have said, an absolute and utter shambles. It was perhaps the best example of the incompetent financial management of the previous Government and it wrecked the plans of many colleges across the country, including colleges that had incurred considerable expenditure in preparing their bids. I am very pleased that the Chancellor agreed to put the £50 million aside to help colleges with their capital programmes. The aspiration is that that will leverage in additional private investment to a fund of £150 million in total, which we hope will be able to help up to 50 colleges in a very real way, even in these tough times.