Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Tom Morrison Excerpts
Tuesday 29th October 2024

(2 days, 14 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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I thank the hon. Lady for her question, and I too welcome her to her place.

Small businesses and high street businesses are the lifeblood of all of our communities, including hers in St Albans, and it is important that we support them. In our manifesto, we committed to reform of our business rates system. I will be setting out more details in the Budget yesterday tomorrow, as well as a business tax road map, which will give businesses certainty about the tax environment they will be working with for the next five years.

Tom Morrison Portrait Mr Tom Morrison (Cheadle) (LD)
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4. What fiscal steps she is taking to encourage investment in the northern powerhouse.

Darren Jones Portrait The Chief Secretary to the Treasury (Darren Jones)
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Investment—[Interruption.] I am delighted to be welcomed by those on the Opposition Benches, and am pleased to see them in their place as well. Investment is a key part of the Government’s growth mission, alongside stability and reform. By ensuring adherence to robust fiscal rules and respect for our economic institutions, we are building the confidence needed to deliver greater investment across the country.

Tom Morrison Portrait Mr Morrison
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I thank the Minister for that response. A key part of the northern powerhouse agenda was investment in our rail infrastructure, and residents in my constituency were excited that Cheadle train station finally got planning approval recently. However, recent talk of cuts to infrastructure investment has caused concern. Can the Minister assure us that Cheadle train station is safe and will go ahead?

Darren Jones Portrait Darren Jones
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The Government are fully committed to ensuring that investment in all parts of the UK, including the north of England, creates growth and impact for working people. The north of England is home to crucial levers to achieve this, as evidenced by our recent announcements on Teesside and Merseyside, which will create thousands of jobs and secure long-term futures. The detail of individual projects will be confirmed in due course.

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James Murray Portrait The Exchequer Secretary to the Treasury (James Murray)
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I know that Newcastle-under-Lyme and, indeed, the whole county of Staffordshire have a proud brewing tradition, and my hon. Friend will be an excellent champion of breweries in his constituency. Supporting pubs and breweries is very important for me as a Minister. Indeed, on my first day in the Treasury’s Darlington economic campus, I visited Durham brewery—it was a work visit—where I heard from the Society of Independent Brewers and associates about the huge contribution that breweries make to British society. Further details will be set out by the Chancellor tomorrow.

Tom Morrison Portrait Mr Tom Morrison  (Cheadle) (LD)
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T4.   The Chancellor recently announced an extra £550 million for the school rebuilding programme. Can she now confirm that all the schools on that programme, including Bramhall high school, are fully funded and will get their repairs soon?

Rachel Reeves Portrait Rachel Reeves
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I thank the hon. Gentleman for his question. I went to school in the ’80s and ’90s, and I was taught in portacabins because there was not enough room in my school. I know how important it is that children are taught in proper facilities. We will set out more details of our capital investments at the Budget tomorrow.