NHS Long-Term Plan

Pat McFadden Excerpts
Monday 18th June 2018

(6 years, 3 months ago)

Commons Chamber
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Jeremy Hunt Portrait Mr Hunt
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Leicestershire would, I am sure, be a very good place to make them. Indeed, my hon. Friend will know that there has been considerable capital investment in Leicestershire. He makes an important point: one of the real benefits of a long-term plan is that we can create a stable environment for capital investment. One of the problems we have had is that when the budget is set hand to mouth, year in, year out, people do not make long-term investments in things such as IT systems. We have to put that right.

Pat McFadden Portrait Mr Pat McFadden (Wolverhampton South East) (Lab)
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It is important to be honest about where public spending is coming from. Can the Secretary of State confirm that the Government’s own estimates, released in part by the Brexit Select Committee, show that far from there being a Brexit dividend, the plan that they are set to follow is scheduled to increase public borrowing by £55 billion a year by the end of the forecast period, meaning that this spending will have to be funded in spite of Brexit, not because of it?

Jeremy Hunt Portrait Mr Hunt
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It is a matter of fact that when we leave the EU we will not have to pay membership subscriptions. There will be a divorce bill, and when that is settled, those subscriptions will be available for the NHS, which was exactly what the British people voted for. The right hon. Gentleman is talking about the projections for the economy in the meantime. All I will say is that there is a lot of debate about those projections. They have not always been right in the past, and the British economy has been much more resilient than many people predicted.