Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what discussions he has had with the Prime Minister since 9 June 2017 on increasing Government borrowing to invest in national infrastructure; and if he will make a statement.

The Chancellor has regular discussions with the Prime Minister and other Cabinet colleagues on a range of issues including government investment in infrastructure.

At the Autumn Statement the Chancellor introduced the National Productivity Investment Fund (NPIF) which will provide an additional £23bn of investment between 2017/18 and 2020/21. The NPIF will be targeted at infrastructure, housing, and research and development. The government is getting on with delivering this additional investment. For instance on Tuesday 4^th July, the Secretary of State for the Department for Communities and Local Government launched the £2.3bn Housing Infrastructure Fund.

The NPIF comes on top of previous commitments already set out, including the biggest investment in transport infrastructure in generations.