Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Vicky Ford Excerpts
Tuesday 18th July 2017

(7 years, 4 months ago)

Commons Chamber
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Andrew Jones Portrait Andrew Jones
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I am not going to speculate on the negotiations, as that would be way above my pay grade. I just refer the hon. Gentleman to the Chancellor’s answer a moment ago on the merits of a Brexit deal that secures our economic future.

Vicky Ford Portrait Vicky Ford (Chelmsford) (Con)
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4. What assessment he has made of the effect of Government investment in infrastructure since 2010.

Mims Davies Portrait Mims Davies (Eastleigh) (Con)
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7. What assessment he has made of the effect of Government investment in infrastructure since 2010.

Andrew Jones Portrait The Exchequer Secretary to the Treasury (Andrew Jones)
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Infrastructure is at the heart of this Government’s economic strategy, and our investments will boost productivity and growth. Since 2010, more than a quarter of a trillion pounds has been invested by the public and private sectors, about 3,000 individual projects have been completed, we have almost completed Crossrail, and more than 4 million homes accessed superfast broadband for the first time.

Vicky Ford Portrait Vicky Ford
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Nearly 100 years ago, the world’s first radio broadcast was sent out from Britain—from Chelmsford. Does my hon. Friend agree that the digital infrastructure investment fund will give a massive boost to fibre and superfast broadband so that the UK can continue to lead the world in the digital and communications sectors?

Andrew Jones Portrait Andrew Jones
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I thank my hon. Friend for that question. I have just learned something about Chelmsford and its history in the development of our digital and radio infrastructure. The investment will boost Britain’s internet, making it more reliable and consistent and easier for people to live and work more flexibly, which will of course boost productivity right across the UK. Fibre is the technology of the future, just as radio was 100 years ago, and this fund will significantly assist small and medium-sized enterprises with capital to roll it out, with both Chelmsford and the UK benefiting.