(10 years, 1 month ago)
Commons ChamberThe Department announced the local growth fund recipient projects in July, and, for some bizarre reason, the A64 was left off the list. This has put a real question mark over the chances for rural economic growth across Ryedale and North Yorkshire. Will the Secretary of State review that decision at the earliest opportunity?
North Yorkshire did pretty well out of the local growth fund. It has the BioVale campus, which I know my hon. Friend is strongly in favour of. Such was the calibre of the projects that we were able to allocate £6 billion of investment. I am now keen to move on to the next set of allocations, and she has just made a strong pitch for investment in her area.
(10 years, 3 months ago)
Commons ChamberThe hon. Lady is absolutely right; she gives an accurate description of what happened under the previous Labour Government. One of the differences we are making is giving the flexibility to allow good and capable local enterprise partnerships to set their own priorities, so if an important economic opportunity arises, they should be able to change things around. That will be available to Bristol, as it will to other places across the country.
I enthusiastically welcome my right hon. Friend’s announcement, particularly the support for the transformation of the Food and Environment Research Agency in Sand Hutton. For that transformation to succeed, smooth and safe access to the A64 will be imperative. What does he understand by the term “shovel-ready projects” that qualify before the highways authority will allocate any of that money to road improvements?
The hon. Member for Corby asked me about that. It is prudent that money should be spent on projects that are available to have that investment; otherwise we are tying up money that could be used elsewhere. A project needs to be deliverable in 2015-16 if that is what the funding is for. The great advantage of announcing a pipeline of future schemes is that if they are not quite ready yet, they will be able to have the green light shone so that they can go forward in future.
(10 years, 8 months ago)
Commons ChamberI have already done that. I went to Telford last week to have precisely the conversations that the hon. Gentleman has in mind, and I was impressed with the conversations that took place. [Interruption.] He is quite right that he should have been informed. I hope he was, but if he was not, I apologise for the discourtesy. However, I met his council leader. I was impressed with the work going on there, and I look forward to a future visit, to which the hon. Gentleman will certainly be invited.
Forgive my naivety, but I understood that city deals were a creation of the previous Government, and that, as suggested by my hon. Friend the Member for Isle of Wight (Mr Turner), they channelled transport and economic development funds into cities and other urban areas and away from rural areas.
My hon. Friend is not right about that. City deals are not an invention of the last Government; they were minted by this Government. In fact, we are told, the Labour leader of Manchester city council, Sir Richard Leese, believes that
“there has been more progress towards the core cities taking control of their own destiny in three years of the coalition than during 13 years of Labour.”
(11 years, 1 month ago)
Commons ChamberThe hon. Gentleman is wrong to say that the scheme has done nothing to encourage supply; 10,000 homes have been started under the current scheme. The Home Builders Federation itself has said that a lack of affordable mortgage availability remains the biggest constraint on housing supply. That is a problem; we are solving it.
7. What his policy is on the payment of corporation tax by foreign-based companies; and if he will make a statement.
(11 years, 7 months ago)
Commons ChamberIf the hon. Lady had a grasp of economics, she would understand the need to take people out of taxation, which is what we have done through the increase in the personal allowance. In fact, that increase affects the lowest paid most of all and is equivalent to a pay increase of 4.5% since the general election. A higher personal allowance is a better policy than the shadow Chancellor’s plan to introduce the 10p rate, which the Financial Times described as “a pretty basic howler”.
The shadow Chancellor is a very gracious chap and, I am sure, would wish to commend the Government for taking 25 million people out of tax by the simple measure of increasing the personal allowance. Can my right hon. Friend share with the House what that means for an individual’s annual budget?
Yes. By next month it will be worth £600 a year for every basic rate taxpayer, which is an enormous increase. For someone on median earnings, it is equivalent to a pay rise of 4.5%. I would have thought that the shadow Chancellor, who professes to be interested in helping the low-paid, would endorse the policy.
(12 years, 9 months ago)
Commons ChamberI would be keen to understand that myself. We made a commitment that we would consult and listen to the responses, and the transitional arrangements were included. I gave a commitment to work closely with the Local Government Association on the transitional arrangements, and we are having those conversations.
Will the Minister confirm that the transitional arrangements will cover the application of PPS25 to properties at risk of flooding, and that all the reassurances given under PPS25 will continue into the permanent arrangements afterwards?
Clearly, the protection of properties against flooding is important to the whole country, and not least in my hon. Friend’s constituency. We are working on the transitional arrangements to ensure that there is no gap between the current regime and the new regime.