Autumn Statement Debate

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Department: HM Treasury
Wednesday 5th December 2012

(11 years, 11 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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My hon. Friend and I have a genuine disagreement on this matter. I think it is right for this country to honour its obligations to the world’s poorest. I think we should be proud to be a part of, and support, what will be the first Government in British history to reach the 0.7% target. I have had to rebase the aid budget because of the GDP forecast, as I do not want to spend more than 0.7% of national income. As a result, the Department for International Development has had one of the biggest adjustments to its budget of all Departments.

Roberta Blackman-Woods Portrait Roberta Blackman-Woods (City of Durham) (Lab)
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Last year the Chancellor announced more money for infrastructure, but, as we know, not one single project has been delivered. Why should we believe the additional funding announced today will be any more productive?

George Osborne Portrait Mr Osborne
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That claim is simply not true. Road projects are being completed across the country and infrastructure is being deployed. The science infrastructure, for example, has now all been completed, and I have announced £600 million more for science. If the hon. Lady is saying that it takes a long time to get some infrastructure projects going because of the constraints in the planning system, however, she is right. That is why we have also taken steps to streamline the process we inherited so it is easier to get things built by tackling the bureaucracy that has to be dealt with, while at the same time allowing those who have objections to have them fairly heard.