Investing in Britain’s Future
Debate between Jessica Lee and Danny Alexander(11 years, 5 months ago)
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Danny Alexander
The move from social rents to affordable rents for homes newly built by housing associations is a right and fair way to ensure that there is a balance between the subsidy given to the individual and the capital subsidy given to the builder of the house. It allows us to build many more houses for the amount of money that we have available, and the hon. Lady should be grateful for that.
Jessica Lee (Erewash) (Con)
I thank my right hon. Friend for his statement, particularly the announcements about my constituency, notably the improvements on the M1 at the junction at Long Eaton. I add to that the nearby work on the A38 at Derby and the campaign that I have been leading for many years to secure the reopening of the train station at Ilkeston, now agreed by the Department for Transport. Does he agree that all those points link together to bring great improvements and opportunities for the people of Erewash, as well as encouraging businesses to invest in the area?
Danny Alexander
It is clear that the hon. Lady’s campaigning is a model of parliamentary effectiveness and I urge her to continue with it to the further benefit of her constituents.
Oral Answers to Questions
Debate between Jessica Lee and Danny Alexander(12 years, 10 months ago)
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Danny Alexander
The hon. Lady asks a good question. The Government’s priority in this regard is precisely to support the expansion of renewable energy, which is a vital part of our future energy strategy. That is why it is a key priority in the national infrastructure plan and why we are investing £3 billion through the green investment bank to stimulate investment. The high price of oil and fuel at the forecourt suggests that that asset is not declining as quickly as she suggests.
Jessica Lee (Erewash) (Con)
Does my hon. Friend agree that local enterprise partnerships, such as Erewash Partnership in my constituency, play a vital role in advising SMEs on the difficulties with the availability of credit and can provide an overview for banks and the Government on the current concerns?