Autumn Statement Debate

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Department: HM Treasury
Wednesday 5th December 2012

(11 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I think that is a slightly sour note from my Liberal Democrat colleagues. We have put together an autumn statement as a coalition Government and we have supported the priorities we both share, which include the personal allowance increase, dealing with fuel duty and investment allowances for businesses. We have collectively taken the difficult decision on welfare uprating; it is the best way, at present, to try to make savings in the welfare bill.

Gloria De Piero Portrait Gloria De Piero (Ashfield) (Lab)
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The regional growth fund has not delivered a penny to Ashfield, and local business leaders across the east midlands are saying that the scheme just is not working. So what changes will the Chancellor make to ensure that my constituents benefit from the regional growth fund?

George Osborne Portrait Mr Osborne
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I am very happy to look into the specific situation for businesses in Ashfield if the hon. Lady wants to write to me—or we can meet and I will see what I can do to help. Businesses in Ashfield and elsewhere across the east midlands are eligible for the regional growth fund. We have put more money into the fund and made substantial transport improvements in the east and west midlands, which I hope will also benefit businesses in her constituency.