(5 years, 7 months ago)
Commons ChamberAbsolutely—those are exactly the kinds of questions that we dealt with in the consultation.
Some of the problems in our United Kingdom can be traced to the disparity between the regions and nations of the UK. Will the Minister ensure that the shared prosperity fund is not the end, but just the beginning, of ensuring that there is prosperity across the entirety of our nation?
The hon. Gentleman is absolutely right: there are disparities of income and productivity across the United Kingdom, and what he mentions will be one of the key objectives. But the shared prosperity fund is not our only intervention in this area: we are taking a range of measures, including significantly increasing the amount of public investment in infrastructure—to the highest levels in this country since the 1970s.
(6 years, 10 months ago)
Commons ChamberMy hon. Friend raises an important point. The Government’s strategy is not limited to cities. The Transforming Cities programme is for our smaller and larger cities, but we are also interested in coastal towns and communities. I recently met a number of parliamentary colleagues representing those communities, and I would be happy to meet my hon. Friend to talk about how the Treasury will be working with CLG.
Does the Minister accept that as we leave the EU, many people across the United Kingdom will want to see economic development beyond the south-east of England, and that enterprise zones such as the one in my constituency could be used to maximise inward investment and produce productivity and prosperity for everyone across the UK?
I entirely agree. That is why we are working with Mayors such as the Mayor of Tees Valley, who is producing a development corporation and has new powers of planning reform and so on to drive forward the economy of that part of the north-east. We are very happy to talk to other hon. Members who would like to take forward similar proposals.