Spring Statement Debate

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Department: HM Treasury

Spring Statement

Michael Fallon Excerpts
Wednesday 13th March 2019

(5 years, 8 months ago)

Commons Chamber
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Michael Fallon Portrait Sir Michael Fallon (Sevenoaks) (Con)
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Can the Chancellor reassure me that the very welcome consultation on future infrastructure financing will not become any reason to delay a start on some of the essential major projects such as the lower Thames crossing, which will not only relieve pressure on the Dartford crossing but will be a fundamental link between two great wealth-creating regions of our country?

Lord Hammond of Runnymede Portrait Mr Hammond
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I can give my right hon. Friend that assurance. I am acutely conscious of the fact that we are committed to building a tunnel under the Thames but we have not yet committed to the link roads that will link that tunnel to the rest of the road network, and of course we absolutely will do so. This is a broader-based review to look at how we replace PFI and EIB funding over the medium term.