Sarah Olney
Main Page: Sarah Olney (Liberal Democrat - Richmond Park)Department Debates - View all Sarah Olney's debates with the HM Treasury
(2 months ago)
Commons ChamberThe hon. Gentleman could have asked that question to any Chancellor at any time in the past few decades, and no Chancellor ahead of a Budget would have commented on speculation or ruled out measures. I will set out the decisions I take before the House on 28 October, and I look forward to him being there on that day.
The former Chancellor invested a significant amount of political capital into driving forward the white elephant project of building a third runway at Heathrow on the basis that it would deliver economic growth, but the Government’s appraisal report states that the net present value of expansion is between minus £23.4 billion and minus £62.5 billion. Will this Chancellor put an end to this absurd proposal?
After years of delay, indecision and often vexatious challenge, we have given the go-ahead to this project quite simply because the economic case stacks up and will help to bring growth.