David Mackintosh
Main Page: David Mackintosh (Conservative - Northampton South)(7 years, 9 months ago)
Commons ChamberThe right hon. Gentleman will know that we have taken a number of actions since July to boost home building in this country—not just the action outlined in the White Paper, but the £1.7 billion accelerated construction programme, the £3 billion home building fund, the £2.3 billion for the housing infrastructure fund and £1.4 billion extra for affordable homes. The right hon. Gentleman raises the issue of home ownership. As a former housing Minister, he should know that home ownership rates under Labour fell from a peak of 71% to 64%. I have another quote—from him—about the decline in home ownership which, word for word, is that
“I’m not sure that’s such a bad thing”.
In the past few weeks, the Government have reaffirmed our commitment to the midlands engine, announcing two new midlands enterprise zones—one in Brierley Hill in Dudley, and the other in Leicester and Loughborough. The first ever midlands engine trade summit will take place in Birmingham on 9 March.
Will my right hon. Friend outline how the midlands engine will help Northampton?
As a midlands MP, I am pleased to see a strong and successful midlands engine, as well as the economic benefits it will bring throughout the region. In Northampton, small businesses will be eligible for the £250 million midlands engine investment fund, which will open shortly. In addition, Northampton will benefit from more than £5 billion of investment in midlands transport infrastructure.