Budget Resolutions

Debate between Theresa May and Colum Eastwood

Wednesday 11th March 2020 Commons Chamber

[Mrs May]

I thank my hon. Friend for intervening. That is important—one of the interesting and exciting aspects of where we are going as a Government is the emphasis on science and on recognising that, if we are to have the economy of the future, we have to generate and develop ideas that will deliver prosperity for the future.

On the subject of ideas, I should say that people are very important. The Augar review, published about a year ago, set out very clearly the need to invest in further education, so I welcome the investment in further education in the Budget.

I also want to touch on something referenced by the right hon. Member for Ross, Skye and Lochaber (Ian Blackford) in his rather lengthy speech; he spoke for longer than the Leader of the Opposition. He mentioned the shared prosperity fund, which is another part of ensuring that our country works for everyone. This is particularly important: the purpose of the shared prosperity fund is to reduce disparities between and within regions. That will not be done if the Government adopt a “devolve and forget” approach to the fund.

We must recognise the importance of the fund in maintaining the health of the UK economy as a whole. Yes, we need to work in partnership with the Northern Ireland Executive, the Scottish Government and the Welsh Government, but our approach needs to be holistic to ensure that the fund is indeed delivering on the need to reduce disparities within and between regions. I was sorry that the leader of the Scottish nationalists failed to welcome the £640 million extra going to the Scottish Government.

[Colum Eastwood (Foyle) (SDLP)]

I thank the right hon. Member for giving way. She spent an awful lot of time working to get the Northern Ireland Executive back up and running. The deal that was crafted by the British Government to do that contained many, many promises and many, many commitments. The Barnett consequential payment of £210 million that has been announced by the Chancellor today will go nowhere near dealing with the commitments contained in that agreement. That needs to be thought about, and we need some clarity from the Chancellor. Does she agree that it is just not enough to say that we will have all these commitments but we have no money to pay for them?

[Mrs May]

Obviously, the hon. Gentleman is absolutely right that commitments were made in that agreement. I am sure the Government will look very closely at how they can deliver on those commitments. The figures that have been announced in the Budget are the Barnett consequentials of the decisions that the Government have taken, but I am sure that he will have an opportunity to raise that matter further. None the less, the Government will be looking closely at how to deliver on those commitments, because they were made in good faith and were about bringing the Northern Ireland Executive together.