Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Flick Drummond Excerpts
Tuesday 7th June 2016

(8 years, 5 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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The first point of which I must remind the shadow Chancellor is that all settlements are reached by HMRC. Operational matters are rightly for HMRC, and not for Treasury Ministers. Of course if there is new evidence, HMRC will take it into account. The position is that HMRC has made it very clear that, under the law that existed between 2005 and 2015, it believes that it has reached a settlement that ensures that the right amount of tax has been collected—and that is what its job is. Our job is to ensure that it has the tools and the rules, and that is what we are delivering.

Flick Drummond Portrait Mrs Flick Drummond (Portsmouth South) (Con)
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T1. If he will make a statement on his departmental responsibilities.

George Osborne Portrait The First Secretary of State and Chancellor of the Exchequer (Mr George Osborne)
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The core purpose of the Treasury is to ensure the stability and prosperity of the economy.

Flick Drummond Portrait Mrs Drummond
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We are all extremely grateful that the Treasury was able to have funding for local infrastructure projects, which clearly shows the success of the Government’s policies. However, there has been no major investment in rail infrastructure in Hampshire for nearly 60 years, and that is holding back our productivity. Will my right hon. Friend meet me, local councils and local enterprise partnerships to sort out this issue as a matter of urgency, as we have committed to build 102,000 new homes by 2030 and our roads are already full?

George Osborne Portrait Mr Osborne
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My hon. Friend is absolutely right to raise the issue of investment in infrastructure in Hampshire and in her constituency of Portsmouth. There is money going into the road infrastructure, such as the M27, and some investment in rail infrastructure, such as Southampton Central station, but, clearly, there is room to do more. As someone who has some experience of the rail services from Portsmouth, I know that they are not as good as they could be. I am very happy to meet her, her colleagues and local businesses to see what more we can do.