Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Neil Carmichael Excerpts
Tuesday 28th February 2017

(7 years, 2 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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We will continue to invest in our economy, and the distribution of that investment will be in accordance with the Government’s priorities. The hon. Lady should look at the industrial strategy paper that we have published and at statements the Government have made, including on the national productivity investment fund we announced in the autumn. We are committed to infrastructure development in all the regions of the UK. It is a key element of our productivity agenda.

Neil Carmichael Portrait Neil Carmichael (Stroud) (Con)
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23. In order to support infrastructure investment effectively, we will need to upskill our workforce to deliver the projects we need, especially hi-tech projects. Does the Chancellor of the Exchequer agree that we need investment in the post-16 arena quite quickly to ensure we fill that skills pipeline?

Lord Hammond of Runnymede Portrait Mr Hammond
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I will take that as a Budget representation, and yes I do agree with my hon. Friend. We set out in the autumn statement how we would increase investment in infrastructure. That is one of the challenges we face in raising this country’s productivity. Skills is another.