Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Martin Vickers Excerpts
Tuesday 16th January 2018

(6 years, 3 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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The hon. Gentleman is absolutely right. This Government have cut red tape and taxes. We have cut basic rate tax by £1,000 for working people, which has encouraged more people to get jobs and more companies to take people on. That is why we are seeing economic success.

Martin Vickers Portrait Martin Vickers (Cleethorpes) (Con)
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Transport for the North has today published its strategic plan, which forecasts 850,000 new jobs if the plan is delivered. Although the document is disappointing for Cleethorpes and northern Lincolnshire, broadly speaking more investment in transport in the north will provide those jobs. Will the Minister give an assurance that resources will be made available to deliver the plan?

Elizabeth Truss Portrait Elizabeth Truss
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I am pleased to say that we are investing a record amount in economic infrastructure, and the Institute for Fiscal Studies said that such investment would be at a 40-year high by the end of this Parliament. We are giving money to improve transport in towns and cities, allocating £1.7 billion for that purpose at the Budget.