(11 years, 9 months ago)
Commons ChamberT8. Will the Chancellor update the House on a subject on which all Members receive a great deal of correspondence—funding for small businesses? Will he in particular update us on the funding for lending scheme and other similar initiatives?
I can tell my hon. Friend that in the most recent period, net lending under funding for lending has increased by £500 million. It is also the case that the average interest rate on small business loans has declined by 0.33% since the scheme was introduced.
(13 years ago)
Commons ChamberAs the hon. Lady knows, we have had discussions about Plymouth. I very much hope that all the representatives of Plymouth will join in putting together an area to attract business that is very much in keeping with the enterprise zone proposal. Of course I will put together a package of the research and make it available to her.
12. How much capital expenditure for scientific research his Department has allocated in 2011-12 to date.
I am grateful to my hon. Friend for his question. Our hon. Friend the Member for Cheltenham (Martin Horwood) proposed the designation in the first place. Hon. Members will see in the national planning policy framework that we will capture a definition that will allow the people who know green spaces best—those who live with them—to provide them with the protection for which they have been looking for some time.
17. What steps he is taking to improve the transparency of spending in local government; and if he will make a statement.
(13 years, 12 months ago)
Commons ChamberIt is very important that every local authority reflects on the contribution that the voluntary sector can make. We are decentralising funds from central Government to local government, and I expect local government not to draw up the drawbridge, but to treat voluntary organisations fairly and, indeed, to allow them greater access so that they can provide more services than they currently do.
T8. The Secretary of State recently visited the Nine Elms development area, which includes Battersea power station in my constituency. We talked about the importance of tax increment financing being available to councils involved in major regeneration projects. Will he press for TIFs to be brought in as soon as possible?
I have great respect for the hon. Gentleman, who chairs the Communities and Local Government Committee, but I do not know where he has been for the past few years. He should know that the number of house completions has been at an historic low—the lowest since the second world war. Our intention is to increase house building by removing the imposition that sets people against development. It is a disastrous situation when people are against developments. By allowing people to create communities in the way that they want and to share in the economic benefits of that, we can take the poison out of the planning system.
6. If he will take steps to reduce the functions of the non-departmental public bodies for which his Department is responsible.