Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

John Bercow Excerpts
Tuesday 8th February 2011

(13 years, 10 months ago)

Commons Chamber
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None Portrait Several hon. Members
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rose

John Bercow Portrait Mr Speaker
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Order. Two things: first, I want to hear both questions and answers; secondly, can I—[Interruption.] Order. Can I just ask Members on both sides of the House to give some thought to how our proceedings are regarded by the people whose support we were busily seeking less than a year ago?

Lord Hanson of Flint Portrait Mr David Hanson (Delyn) (Lab)
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Will the Chief Secretary first confirm that public sector debt was 42.5% in 1997 and 36.5% in 2008, the second-lowest debt of any G7 country? Will he secondly accept that investment during the last two years of the Labour Government was designed to keep people in their jobs and homes, expenditure that he supported at the time? Given the disastrous economic figures and the CBI’s comments before Christmas, will he just admit that what he is missing is a growth strategy, not the cuts that he opposed during the election?

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Danny Alexander Portrait Danny Alexander
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I am grateful for the question, and I certainly support the work that the MOD is doing. We are actively encouraging Departments and local authorities to scrutinise their PFI contracts for savings. As my hon. Friend knows, the Treasury has published draft guidance to help contract managers identify PFI savings, and a pilot will test the savings measures in the contracts, which will help to scope out possible savings and ensure that other Departments can make the same progress as the MOD.

John Bercow Portrait Mr Speaker
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Order. I would be grateful if the Chief Secretary could look at the House as he addresses us.

Andrew Love Portrait Mr Andrew Love (Edmonton) (Lab/Co-op)
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What will the right hon. Gentleman do about the scandal of bunching private finance initiative contracts together and selling them on in the private sector, with no benefit to the public sector? Is he going to take action, and if so, when?