Saqib Bhatti
Main Page: Saqib Bhatti (Conservative - Meriden and Solihull East)Department Debates - View all Saqib Bhatti's debates with the HM Treasury
(1 day, 17 hours ago)
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Darren Jones
I will give a shorter answer, given the time available. We will be setting out further detail shortly about where we will be piloting these place-based business cases. It is a new process for Whitehall. It requires a level of co-ordination that does not currently exist, but the outcome if we get it right will be people experiencing co-ordinated, thoughtful infrastructure spending in the places they live, in a way that makes sense for how they live in those areas. I am sure my hon. Friend will continue to bid for Darlington as we decide where to pilot those place-based business cases in due course.
Saqib Bhatti (Meriden and Solihull East) (Con)
The Chief Secretary to the Treasury mentioned the midlands rail hub. He will know that the previous Government committed to the £1.75 billion project. There has been a pause, and paragraph 5.83 of the spending review states that the Government will fund its progression. In the spirit of short answers, can he tell me exactly how much money has been committed to it?
Darren Jones
The difference from the last Government is that they promised things with no money, and we are promising things with actual money. The hon. Member points to the midlands hub in the spending review document. That is about development funding. One of our different approaches under this infrastructure strategy is that, instead of just allocating the total estimated spend at the start of the project and letting the project get on without proper oversight, we are issuing development funding earlier and more often, so that we can have properly costed business cases with proper assurance. That means we can guarantee members of the public that we will deliver on our promises, unlike his party.