Gordon Birtwistle
Main Page: Gordon Birtwistle (Liberal Democrat - Burnley)Department Debates - View all Gordon Birtwistle's debates with the HM Treasury
(11 years, 9 months ago)
Commons ChamberI am grateful to the hon. Lady for giving way. Let me point out to her that spending on PFI schemes amounts to billions and billions of pounds—as I understand it, somewhere in the region of £800 billion—and is totally unaffordable. Is it right to spend money on a hospital—[Interruption.] Opposition Members should listen. Is it right to build a hospital under a PFI scheme whereby at the end of 25 years, we will have paid for it 18 times over? It might have cost £120 million to build, but by the time it is finished it will have cost more than £2 billion. I will not agree to spending money on that basis. We should spend money in the correct manner that is affordable for the people of this country; we should not have to pay for something 18 times over. Would you buy a house and pay for it 18 times over?
That means me. Members should speak through the Chair.
Some young people from my constituency were here yesterday to learn about parliamentary etiquette —I should have taken more tips, Mr Deputy Speaker. If the Financial Secretary had laughed in front of those young people when I talked about the desperate need to invest in jobs and growth in this country, they would have given him very little credit indeed.
There is a fanciful picture of how the Labour Government did not invest in infrastructure, but hon. Members should come to Corby and east Northamptonshire and drive past the schools that were built there, such as the brand-new Kingswood school, which is a fantastic facility. My nieces get a fantastic education at the Corby business academy—[Interruption.] The Economic Secretary says that we will pay for those projects, but a combination of funding from the public and private sector—[Interruption.] He should listen to bodies such as the Monetary Policy Committee, which says that we need to find ways of investing in infrastructure in this country.
No, I am not going to mention Eastleigh at all. Hon. Members are interested in the hon. Gentleman’s point on PFI—[Interruption.] No, he was talking about new colleges. Will he tell us when those massive infrastructure deals will be paid for? Will my grandchildren be paying for them?
The overwhelming majority of the investment in new children’s centres, schools and health improvement projects in my constituency was publicly funded. Government Members should remember that PFI was dreamt up by a previous Conservative Government, and that they did not oppose a single new school, children’s centre or hospital built by the Labour Government. If they were honest, they would have objected to them being built in the first place—or say they would close them down now. Let us have honesty on that.