Investing in Britain’s Future Debate

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Department: HM Treasury

Investing in Britain’s Future

Thérèse Coffey Excerpts
Thursday 27th June 2013

(11 years, 4 months ago)

Commons Chamber
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Danny Alexander Portrait Danny Alexander
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The Barnett consequentials of the 2015-16 public spending round were set out in the Chancellor’s statement yesterday. On the resource side, the Welsh Assembly Government will see a small reduction in their budget and, on the capital side, a small increase. I am sure that they will work with him to ensure that the money is used wisely for the benefit of the people of Wales.

Thérèse Coffey Portrait Dr Thérèse Coffey (Suffolk Coastal) (Con)
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I welcome the A14 construction phase starting two years earlier, but I am particularly pleased by the publication of the draft strike prices. That should encourage SSE and ScottishPower to go ahead with their investment decisions in Galloper and the East Anglia Array, making Suffolk truly the green coast of the country.

Danny Alexander Portrait Danny Alexander
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The hon. Lady and I share a passionate commitment to green energy, and I hope that the strike prices now complete the picture for energy companies looking to invest. My message to the energy companies is, “You have the certainty you need, now bring forth the investment that the country needs.”