Vicky Ford
Main Page: Vicky Ford (Conservative - Chelmsford)Department Debates - View all Vicky Ford's debates with the Cabinet Office
(6 years, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Lidington
As I understand it, the bid for GKN is being examined by the relevant independent authorities. Clearly this is also something that the appropriate Ministers in the Ministry of Defence and the Department for Business, Energy and Industrial Strategy will be monitoring very closely. For now, it would be wrong of me to speculate about this case in more detail.
Vicky Ford (Chelmsford) (Con)
My constituency of Chelmsford is a very popular place to live, and this week we have had the very good news that more first-time buyers are getting on the housing ladder than at any time in the past decade. Will my right hon. Friend update us on the Government’s progress on helping people to buy a house?
Mr Lidington
I am pleased to be able to say that the number of first-time buyers is now at the highest level for about 10 years, which is a tribute to the various initiatives that both the Communities Secretary and the Chancellor of the Exchequer have put in place to encourage first-time buyers—the cut in stamp duty, for example, will benefit about 95% of first-time buyers—but we also need to improve housing supply. Constituencies like hers and mine are showing the way to much of the rest of the country on the need to build houses to meet the legitimate demands and expectations of young people who are working incredibly hard and want to get a foot on the housing ladder.