Simon Clarke
Main Page: Simon Clarke (Conservative - Middlesbrough South and East Cleveland)Department Debates - View all Simon Clarke's debates with the HM Treasury
(7 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Philip Hammond
At the autumn statement, I made a conscious decision to borrow an additional £23 billion for investment in economically productive infrastructure projects—a conscious decision to address one of the challenges we face in improving Britain’s productivity. The Government will continue to combine a prudent fiscal approach with investment in our future through productivity-raising measures.
Mr Simon Clarke (Middlesbrough South and East Cleveland) (Con)
T7. The new Conservative Mayor of the Tees Valley, Ben Houchen, is setting up the first mayoral development corporation outside London on the former SSI site in Redcar. The regeneration of the site and the attraction of inward investment are obviously vital. Will my hon. Friend work with me and the Mayor to deliver the best outcome for the site and the local economy?
The Exchequer Secretary to the Treasury (Andrew Jones)
The South Tees Site Company is currently undertaking ground investigations to assess the levels of any contamination on the SSI site. The mayoral development corporation is leading on the development of plans for the future of the site. I look forward to working with my hon. Friend, the Mayor of the Tees Valley and others to promote the economy of the area.