Planning and Infrastructure Bill

Debate between Kevin Hollinrake and Chris Curtis
Kevin Hollinrake Portrait Kevin Hollinrake
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As I said, there is no question but that there are underlying problems in the marketplace. We delivered 1 million homes, which was our target, in the last Parliament, but of course we agree that supply and demand is part of the equation. It is not the only part, so we support the ambition to deliver more homes. We had a similar commitment in our manifesto, and there is a context for that within the overall framework for a higher target.

The Government must reflect on the fact that although the construction sector is an important part of the economy, it represents only around 6% of GDP. Growth in the other 94% has been killed stone dead by the twin human wrecking balls who are the Chancellor and the Deputy Prime Minister. Having inherited the fastest growing economy in the G7, the Chancellor proceeded to trash talk the economy recklessly for six months, before hitting it with £70 billion per annum of tax and borrowing. If that was not bad enough, the Deputy Prime Minister introduced the Employment Rights Bill—[Hon. Members: “Hooray!”] Wonderful. All Labour Members’ union supporters will applaud them for it. It will kill tens if not thousands of businesses, and potentially hundreds of thousands of jobs throughout our country.

Chris Curtis Portrait Chris Curtis (Milton Keynes North) (Lab)
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We have already heard comments from Conservative Members about cases where planning permission has been granted, but nothing has been built. Almost every developer I have spoken to during this Parliament has said that that has one cause. It took so long to get planning permission—the Bill is designed to fix that—and while developers sought it, Liz Truss crashed the economy. Consequently, we had an inflation crisis and costs skyrocketed. Before the hon. Gentleman comments on our economic record, will he apologise for his?

Kevin Hollinrake Portrait Kevin Hollinrake
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That is absolute nonsense.

Talking of confidence, according to a monthly survey by the Institute of Directors, business confidence in this country has collapsed since Labour took over. A high of plus 5 in July last year has collapsed to a covid-level low of minus 65. The Deputy Prime Minister’s Government inflicted that on this country.

There is a complete absence of business experience in the Cabinet. Having killed economic growth in most of the productive economy, the Government now resemble a clueless gambler at the end of a disastrous night in the casino—they are staking everything on a last-gasp gamble on the property market.

From 2013 to 2023, we saw the highest sustained level of new home formations in the past 50 years, surpassing even the levels in the 1970s. Since 2010, we have delivered 2.5 million new homes and 750,000 affordable homes.