(3 years, 9 months ago)
Commons ChamberThe hon. Gentleman may have missed my statement to the House the other day in which I announced on behalf of the Chancellor that we will be bringing forward levies and taxes on the property development industry. [Interruption.] He suggests that they are too low, but he does not know what the scale of them is, and he will have to wait until my right hon. Friend the Chancellor announces them in due course. We will ensure that those who created this situation pay for it. I would add that many of these buildings—in fact, the lion’s share of them—were built under the last Labour Government, who did nothing to tackle this issue. We are clearing up the mess. We are bringing forward an entirely new building safety regime, which will be world class and ensure that people can always be safe and feel safe in their homes.
As my hon. Friend notes, the £3.6 billion towns fund is being delivered in England with great success. There is, however, nothing to prevent the Welsh Government from investing in the same way in towns such as the one that he represents across Wales. At the latest spending review, the Welsh Government received an additional £1.3 billion for the next financial year through the Barnett formula and £12 million through changes in my Department’s overall settlement. I strongly encourage him to hold the Welsh Government to account and ensure that they invest more in communities such as the one that he serves.