Budget: Pre-announcement of Provisions Debate

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Department: HM Treasury

Budget: Pre-announcement of Provisions

Stephen Flynn Excerpts
Tuesday 26th October 2021

(3 years, 1 month ago)

Commons Chamber
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Simon Clarke Portrait Mr Clarke
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I absolutely do believe that we should be accountable to the people of Newcastle upon Tyne Central. That is why I am here. It is why there will be a five-day Budget debate over the course of the days ahead. It is why my right hon. Friend the Chancellor will appear in front of a Select Committee. On the hon. Lady’s point about transport settlements, we need to unlock devolution in north-east England. My No. 1 ask of the Labour authorities in that part of the world would be to make sure that they get their act together and unlock a devolution settlement.

Stephen Flynn Portrait Stephen Flynn (Aberdeen South) (SNP)
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As well as knowing what the Government will be doing, we also know what they intend not to do. We know that they will not be investing in carbon capture and underground storage in Scotland, and we know that they will not be match-funding the Scottish Government’s £500 million just transition fund. Yet the Treasury has raked in some £350 billion of oil revenues over the decades, so why is the Minister’s Department now turning its back on Scotland?

Simon Clarke Portrait Mr Clarke
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Leaving aside tired clichés about our attitude to Scotland, which I am afraid is all we ever get from SNP Members, we are of course a Government committed to the success of the whole of the United Kingdom. The Budget will contain within it many things that reflect the major benefits of the Union for Scotland just as much as for England, Wales and Northern Ireland. As a proud British citizen, I would not accept the sense of what the hon. Gentleman says. On carbon capture, utilisation and storage, the Scottish project remains the first reserve, as he will know. We intend to take this project forward, alongside a flourishing North sea oil and gas sector, offshore wind and all the things that will go together to reflect the £30 billion-worth of commitments made as part of our net zero strategy.