Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Huw Merriman Excerpts
Tuesday 19th July 2016

(8 years, 4 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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Since this is our first outing together, let me take the opportunity to make it clear to the hon. Gentleman that I do not believe in the money tree; I am clear that we have to pay our way in the world. We have a very large fiscal deficit that we have to address, but while doing that we also have to ensure we maximise the productive capability of the UK economy. That means targeting our investment into skills—that does largely mean young people—and infrastructure, and encouraging capital formation in private businesses.

Huw Merriman Portrait Huw Merriman (Bexhill and Battle) (Con)
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T2. Last year, the former Chancellor came to Hastings and committed to extending high-speed rail from Ashford to Hastings and Bexhill. This investment is the key to delivering local housing, a labour market and business expansion. I welcome the Chancellor to his position and ask for his commitment to this vital project.

David Gauke Portrait The Chief Secretary to the Treasury (Mr David Gauke)
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I am grateful to my hon. Friend for his question. On the particular proposal he sets out, he is a strong champion for his constituents. If he will forgive me, in my new position of trying to control the purse strings all such matters have to be looked at. As I have made very clear, however, the Government are committed to improving transport infrastructure throughout the country, including in Sussex.