David Pinto-Duschinsky
Main Page: David Pinto-Duschinsky (Labour - Hendon)Department Debates - View all David Pinto-Duschinsky's debates with the HM Treasury
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David Pinto-Duschinsky (Hendon) (Lab)
I congratulate the Chancellor of the Exchequer on securing the Mansion House accord, which will channel billions into the economy and make a real difference to my constituents. One of the reasons that pension funds agreed to join the accord was because of the strong pipeline of investable projects that the Government are creating. Does the Minister agree that the Government’s infrastructure plans and planning reforms, opposed by the Conservatives, will unlock growth?
The Parliamentary Secretary to the Treasury (Torsten Bell)
My hon. Friend is absolutely correct. Raising investment in the UK is about boosting not just the supply of capital, but the demand for it—the investment pipeline. We are approving infrastructure projects, from wind farms to reservoirs, that the Conservatives blocked for years. By reforming the planning system, we are doing something really radical: building homes.