Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Tristram Hunt Excerpts
Tuesday 11th December 2012

(11 years, 10 months ago)

Commons Chamber
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Sajid Javid Portrait The Economic Secretary to the Treasury (Sajid Javid)
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My hon. Friend makes a good point about the protection of individuals using saving or voucher schemes, and I commend her work on raising awareness about that important issue. I know that she raised the issue recently during business questions and received a response from the relevant Minister. If it would be helpful, I will speak with the Minister and raise her ongoing concerns.

Tristram Hunt Portrait Tristram Hunt (Stoke-on-Trent Central) (Lab)
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T2. May I welcome the funding in the autumn statement for building future schools, or what we call Building Schools for the Future? May I also welcome the extra allowances for capital investment, or what we call capital allowances? Why did we have to wait two years and have a double-dip recession for those good Labour policies to return to government?

Danny Alexander Portrait The Chief Secretary to the Treasury (Danny Alexander)
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The hon. Gentleman will recall that the Building Schools for the Future scheme was expensive and inefficient and that we had to scrap it because it was unaffordable. It was one of the many unaffordable promises that he and his colleagues made before the election in order to get people’s hopes up, yet still the former Chief Secretary left a note stating, “There’s no money left.”