Economic Update Debate

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Department: HM Treasury

Economic Update

James Sunderland Excerpts
Wednesday 8th July 2020

(4 years, 5 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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At Budget, we announced about £1 billion in support for low-emission vehicles in various different ways, including a £400-million charging infrastructure fund to spread the development of charge points across the country. I think that underlines our commitment to ensure that we transition properly to our net zero environment, starting with our transportation industry.

James Sunderland Portrait James Sunderland (Bracknell) (Con)
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It strikes me that this is a perfect opportunity to review our investment and procurement strategies in a range of sectors. Does the Chancellor agree that we must stop spending so much taxpayers’ money overseas? It is time to build British, buy British and sell British.

Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is right to point out the opportunities that we will now have, after leaving the EU, to tweak our procurement rules to ensure that we will of course always get value for money for the taxpayer, and that we can do so in a way that supports our local economies and—especially right now—local jobs.