Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Grahame Morris Excerpts
Tuesday 7th July 2020

(4 years, 4 months ago)

Commons Chamber
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Steve Barclay Portrait Steve Barclay
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It is a key part of this Government’s commitment to improve transport links such as that. I know that my hon. Friend has submitted a proposal, which the Department for Transport is considering. Having been able to hear the trains on that line from my kitchen growing up, it is one that I take a particular interest in, and I know that it is a very strong scheme.

Grahame Morris Portrait Grahame Morris (Easington) (Lab)
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What assessment he has made of the economic effect on domestic supply chains of stimulating house building and regeneration.

Steve Barclay Portrait The Chief Secretary to the Treasury (Steve Barclay)
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House building is an important catalyst for the wider economy and we have put in place an unprecedented package of support in this sector. Last week, the Prime Minister announced measures to stimulate house building, including a £450 million boost to the short-term house building fund.

Grahame Morris Portrait Grahame Morris
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I thank the Minister for his answer. Horden, Easington and Blackhall in my constituency need investment in housing regeneration. The recovery plan is ready. However, we need investment to help us transform our communities with new, modern, clean and green housing. Will the Chancellor invest in housing regeneration in east Durham, because these schemes can deliver jobs, training, opportunities, green energy and sustainable domestic supply chains, and boost the local economy?

Steve Barclay Portrait Steve Barclay
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This is an area where I agree with the hon. Gentleman. That is why, in addition to the fund I mentioned a moment ago, the Prime Minister also confirmed £12.2 billion of funding for affordable homes, and there is the £400 million brownfield land fund to get schemes working immediately with Mayors for exactly the reason he sets out.