Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Felicity Buchan Excerpts
Tuesday 17th May 2022

(2 years, 7 months ago)

Commons Chamber
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The Chancellor of the Exchequer was asked—
Felicity Buchan Portrait Felicity Buchan (Kensington) (Con)
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1. What steps his Department is taking to encourage levelling up across the UK.

Ben Bradley Portrait Ben Bradley (Mansfield) (Con)
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2. What steps his Department is taking to encourage levelling up across the UK.

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Simon Clarke Portrait The Chief Secretary to the Treasury (Mr Simon Clarke)
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The levelling-up White Paper sets out a clear plan to level up every corner of the United Kingdom, including a mission to increase productivity and improve living standards in every part of the UK by 2030. We will do this through the record funding allocated in the 2021 spending review, including £1.6 billion for the next generation of the British Business Bank’s regional investment funds. That sits alongside significant investment in communities through the £4.8 billion levelling-up fund, and giving local areas a greater say in investment, working in partnership with the Government through the £2.6 billion UK shared prosperity fund.

Felicity Buchan Portrait Felicity Buchan
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Parts of our inner cities suffer deprivation, including in my constituency in north Kensington. Does my right hon. Friend agree that levelling up is about bringing forward all our left-behind communities, whether inner cities, coastal communities or the north, and, I add rather cheekily, will he support my levelling-up fund bid for step-free access to Ladbroke Grove tube station?

Simon Clarke Portrait Mr Clarke
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I thank my hon. Friend for her question; she is an outstanding champion for Kensington and, as she rightly says, it is not the case, as is sometimes portrayed, that the levelling-up fund does not have real importance for London and the south-east because, as we know, there are pockets of deprivation across this country and it is vital that we address them. Over £200 million was allocated in the first round of the levelling-up fund for London and the south-east, and clearly my hon. Friend’s council may wish to consider making a bid for the fund’s next iteration when that opens.