Stephen Pound
Main Page: Stephen Pound (Labour - Ealing North)(12 years, 1 month ago)
Commons Chamber16. If he will estimate the potential number of affordable homes, jobs and apprenticeships that would be created if the revenue from the auction of the 4G mobile telephone spectrum was used to fund an affordable house building programme by his Department.
18. If he will estimate the potential number of affordable homes, jobs and apprenticeships that would be created if the revenue from the auction of the 4G mobile telephone spectrum was used to fund an affordable house building programme by his Department.
As the 4G auction has not yet taken place, we do not know what the total amount of generated revenue will be, but hon. Members should be aware that £600 million has already been allocated from the fund for science and innovation. We are making great progress in the development of affordable housing, and we hope to have 170,000 more affordable homes over the period, with £19.5 billion of investment.
On the subject of being staggered, the House was certainly so when during the previous DCLG questions the Secretary of State compared himself to Bertie Wooster. Whereas the right hon. Gentleman’s aspirations may be to the Drones club and an agreeable weekend in Blandings castle, many of my constituents want no more than a roof, and many of them want a job. The 4G revenue can provide them with both. Why not, as my hon. Friend the Member for Stockton North (Alex Cunningham) said, stand up to those bloodless mandarins in the Treasury and say, “The people come before some fiscal policy”?
My right hon. Friend the Secretary of State has already made it clear where he does not want to be: on a bushtucker trial. I was surprised to see the hon. Gentleman, for whom I have a great deal of admiration, table a take-out question from the Whips Office, and I am disappointed that he has not followed it through with a question that acknowledges the significant contribution that the Government are making to getting a roof over somebody’s head and getting them a job after the mess left by the Labour Government.