Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Flick Drummond Excerpts
Tuesday 1st March 2016

(8 years, 2 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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We have sought to increase consumer protection by introducing a powerful new consumer protection agency in the form of the Financial Conduct Authority, and we have sought to give more financial advice to individuals through, for instance, the Money Advice Service and Pension Wise. However, if the hon. Lady has any specific further ideas that we can consider, I shall be happy to do that.

Flick Drummond Portrait Mrs Flick Drummond (Portsmouth South) (Con)
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T3. The Government are making some of the biggest investments in road and rail in our nation’s history. Is my right hon. Friend aware of any alternative investment policies, and of the impact that they would have on our nation’s economic security and, in particular, the southern powerhouse?

George Osborne Portrait Mr Osborne
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My hon. Friend is right to draw attention to the big investment that is being made in our nation’s infrastructure, especially transport infrastructure. We have the biggest rail programme since the Victorian age and the biggest road programme since the 1970s, which the hon. Lady is seeing in the improvements to the A27 and M27 in her area. Of course, an economic policy that destroys all confidence in the British economy would mean no investment.