UK Economy

Debate between John McDonnell and Wayne David

Wednesday 29th June 2016 Commons Chamber

[John McDonnell]

We must not talk down some of the success that has been achieved so far, but, although it has dealt with regional economic problems, it has not been on a sufficient scale to rebalance the economy in the way that was promised. As a result, a disillusioned section of the electorate were willing to blame anyone, including migrants and including the EU, and accordingly voted to leave. People felt that communities had been left behind, and I believe that that is a consequence of the lack of investment in recent years.

[Wayne David (Caerphilly) (Lab)]

Does my hon. Friend agree that it would be a huge boost to the British economy if the £16 billion initiative for the expansion of Heathrow went ahead, and will he support my call for a free vote on the issue before the recess?

[John McDonnell]

I have to give my hon. Friend his due; he chances his arm. I am sure that there is a need for investment—selective investment—in aviation.