Oliver Colvile
Main Page: Oliver Colvile (Conservative - Plymouth, Sutton and Devonport)Department Debates - View all Oliver Colvile's debates with the Leader of the House
(11 years, 10 months ago)
Commons ChamberIt gets a bit rich, doesn’t it—the Labour party talking about debt. The debt would have been so much worse if we had carried on in the profligate way of the Labour Government. We came together as a coalition Government recognising that in the national interest we have to reduce the deficit. We have reduced the deficit by a quarter. It is a programme set out by the Chancellor in his original Budget in 2010 and maintained ever since to eliminate the structural deficit. It is a formidable task. It will not happen in one year. It will happen by 2017, and from that point we will stop the growth of the national debt, which doubled under the previous Government.
Plymouth university, the city council and the chamber of commerce are all seeking to bid for the Government’s city initiative. Will my right hon. Friend consider holding a debate on how such Government initiatives are helping cities and towns such as Plymouth, where 38% of working people work in the public sector, and how that can help to rebalance the economy?
The initial city deals in the largest cities demonstrated how those can energise economic potential by bringing people together and allowing them to think not in terms of what local authorities, universities, chambers of commerce, local enterprise partnerships and central Government do individually, but to put all that together. I will not be parochial, but Cambridge is also submitting an expression of interest in the next round of city deals. I will talk to my right hon. Friend the Financial Secretary to the Treasury about whether we might find an opportunity for some of the cities that are coming forward with new expressions of interest in city deals to have, in effect, a shop window to say how they would use that flexibility.