Stronger Towns Fund

Lord Pickles Excerpts

Tuesday 5th March 2019 Lords Chamber

[Lord Bourne of Aberystwyth]

My Lords, I thank the noble Lord for that contribution and his at least qualified welcome. I think the honourable Member for Wigan, Lisa Nandy, gave a similar welcome in the other place. It is important to take deprivation into account, as he says. This enables me to pick up a point made by the noble Lord, Lord Kennedy, about the fair funding formula, which I missed when answering his question. First, the clue is in the name: it is a fair funding formula and that is what we propose to do. Secondly, we have been clear that fair funding is essential to the social care elements, for example, of the formula. I am not quite sure where the scare stories come from that fairness will not be part of it and that we will not look at deprivation. In essence, I agree with the noble Lord, Lord Smith: it is important that we move forward and seek to tackle deprivation. That is the aim here and I think it will be exemplified once the detailed prospectus is issued. But as one can see from the rough-hewn figures we already have, it permeates them with the concentration in the parts of the country where there are more deprived communities.

[Lord Pickles (Con)]

My Lords, this is not the only money available to local government and to communities. Given that cities have generated quite a bit of economic growth through economic partnerships, surely it is not unnatural that there should be extra money for those towns, which might be on the periphery of cities, to make a difference. It does not seem to me to be “Summat for nowt” but something very welcome indeed. As the late President Reagan said, with a billion here and a billion there, you are soon talking about serious money.

[Lord Bourne of Aberystwyth]

I am grateful to my noble friend for reminding us of the importance of recognising that a significant amount of public money is coming forward here. One thinks of looking gift horses in the mouth. I am sure communities up and down the country will be keen to take advantage of the money available. It is also true to say that there are many other programmes. I have mentioned some; the mayoral combined authorities are obviously getting funding. I take this opportunity to recommend that Sheffield gets its act together as well, to help it ensure that it gets a share of the action as a mayoral combined authority. There is also the Coastal Communities Fund and the Future High Streets Fund, and so on.