(4 years, 1 month ago)
Commons ChamberI thank my hon. Friend for his question about Cornwall. I was delighted to have the chance to support the Cornish economy as part of a south-west visit over the summer, which included visiting him in his seat of St Austell and Newquay. As we said in our manifesto, we will introduce a UK shared prosperity fund that will match at a minimum the current levels of funding to each nation from EU structural funds. The arrangements for the fund will be confirmed following the upcoming spending review.
In order for us to truly level up, we will need to mobilise billions of pounds of private capital. Does my right hon. Friend agree that, as part of the national infrastructure strategy, we should launch a new financial institution such as a British development bank to make that happen?
The Government are committed to ensuring that businesses and infrastructure projects continue to have access to the finance they need. The UK has a range of existing tools to support investment, including the UK guarantees scheme. The Government will bring forward further measures to boost investment in UK infrastructure as part of the national infrastructure strategy.
(4 years, 2 months ago)
Commons ChamberI note the ideological scorn of any private sector work, which I thought I had left the Labour party these days, but does not seem to have done. I share the hon. Gentleman’s veneration of local authorities, as a creature of local government myself, and that is why we have given an extra £3.7 billion to support local authorities in this crisis. As I told the House just now, there is a billion more to come.
Lincolnshire is a vast rural county with many large towns. Can the Prime Minister assure me that any future restrictions and measures imposed on my county will be as targeted as possible and be made together with Lincolnshire County Council leadership?
It is the burden of what I am saying today that we want to do everything in co-operation with local leaders and local authorities.
(4 years, 5 months ago)
Commons ChamberThis morning, I had meetings with ministerial colleagues and others. In addition to my duties in the House I shall have further such meetings later today.
Can I start by congratulating the Prime Minister on his one-year anniversary as Conservative party leader? As we look at our long-term economic recovery, can he assure me that Lincolnshire will receive the required funding to boost digital connectivity for all the people of Grantham, Stamford, Bourne and our local villages?
(4 years, 9 months ago)
Commons ChamberThank you, Madam Deputy Speaker, for allowing me to make my maiden speech as the new Member of Parliament for Grantham and Stamford. I, of course, follow my most immediate predecessor, Nick Boles, who served in this House for nine years and held two important ministerial positions. He had an office that I did not inherit—it was an office dubbed “the ballroom”, which had enough space for his lunchtime yoga sessions and a free-standing wardrobe. Now whether or not this was to accommodate his towering presence will be a matter for debate with the Whips, but it does make sense of why I am now living in a basement in this place. I of course send to him my very best wishes for a long, happy and healthy future.
I am fortunate to represent one of the most beautiful constituencies in the country. Stamford, in the very south of my constituency, is an ancient medieval town, with touches of modernity from the Georgian period; the 18th century is what counts as modern in Stamford, and that is exactly how we like it. The buildings are formed from beautiful sandstone that seems to shine spectacularly in the shimmering Stamford sun. This amazing settlement, which grows and creaks with an ever-increasing number of visitors, faces the challenge of accommodating so many within such little space.
In the heart of the constituency is Bourne, a fast-growing town known for its friendly people and amazing schools. As you travel between our towns, you pass some of the most wonderful countryside, passing farmland critical to our sustainable future and postcard picture villages, where the community spirit is strong, but public transportation is weak. These communities stick together, and I will stick by them and push for better connectivity.
As you travel up the A1, you reach the historic town of Grantham. Grantham is a wonderful place to live, with its brilliant shops, businesses and schools. But as its population grows, we also face our challenges—and centre stage is our hospital. We rely on hospitals in the best and worst times of our lives, yet three and a half years ago Grantham Hospital was closed overnight. Now, as the new MP, I am pushing hard to get those doors back open 24 hours a day.
I want Grantham’s future to be as significant as its past. In 1687, Sir Isaac Newton sat under an apple tree in the garden of Woolsthorpe Manor and discovered gravity. In 1925, a future Prime Minister was born in the upstairs room of a grocer’s shop on the corner of North Parade and Broad Street. Margaret Thatcher went from a Grantham grocer’s shop to the great halls of British power.
It is my great honour to represent the home of so many former servicemen and servicewomen. Lincolnshire is bomber country, and we have a proud military past. Seventy-six years ago, some of the first troops to land in France took off from North Witham in my constituency as part of the D-day landings. For as long as I am in this place, I will never forget the sacrifices that they made for our freedom. Nobody ever asked whether a fallen serviceman was Labour, Conservative or Liberal—they were simply British heroes.
There has been a lot of press speculation leading up to today, but it was not all about my maiden speech—shocking, I know. Some were interested in the words spoken earlier by my right hon. Friend the Member for Richmond (Yorks) (Rishi Sunak), and now I know why. Today’s Budget sets out a clear response to the coronavirus, but also sets a clear path for our country as the Government seek to level up and spread opportunity more widely. This agenda is close to my heart, as a northern, state school educated son of a state primary school teacher mum and small business owner dad. I was delighted to hear the support for small businesses announced today, because as a child I grew up seeing how hard it is to start a business and get it going. We have to remember that behind every business is someone who had an idea, saw it through, stuck it out and made it work. At the end of the day, businesses are people—they are the faces, the families and the stories that are the lifeblood of all our communities. That is why it is so important that this Budget today supports them.
I myself have just come out of a very happy and long career in business in the financial services sector. That sector is ripe for innovation as we seek to fund our future infrastructure and transition to a zero-carbon economy. I look forward to contributing in whatever way I can in the years to come in these areas. But I know that whatever I do in this place would not be possible if it were not for my incredibly supportive and very patient wife Laura, my parents and my brother, who, true to form, are all in the Gallery today. Whatever I achieve in this place, I hope I can make them proud.
(4 years, 9 months ago)
Commons ChamberBy 2030, 40% of the world’s population will be facing water scarcity unless action is taken, and we in DFID take that very seriously. This year is critical for galvanising global ambition on climate change, which is why COP26 is so important. DFID programmes cover many crucial aspects of water security, but there is much more to do to avert the global water crisis.
DFID has over 150 infra- structure programmes, including providing water, roads, electricity, schools and hospitals. This Government established the International Development Infrastructure Commission to accelerate our work in this area.
Infrastructure is critical for economic growth, creating jobs and boosting businesses, but we must also be mindful of the natural environment. What steps are the Government taking to ensure that new infrastructure development in developing countries is sustainable?
DFID is directly investing in infrastructure programmes that will enhance climate resilience in developing countries. Our work is focused on creating the right enabling conditions to direct private finance into low-carbon infrastructure, expanding Africa’s financial markets and unlocking investment through innovative instruments such as green investment bonds.