Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Alex Chalk Excerpts
Tuesday 29th January 2019

(5 years, 3 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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We do fund the core courses that are going to help people get work and get on in life, but we also provide adult learner loans so that people can help shape their own future. In 2017-18, we spent £220 million on those loans.

Alex Chalk Portrait Alex Chalk (Cheltenham) (Con)
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T1. If he will make a statement on his departmental responsibilities.

Lord Hammond of Runnymede Portrait The Chancellor of the Exchequer (Mr Philip Hammond)
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My principal responsibility is to ensure economic stability and the continued prosperity of the British people. At this juncture, the best way to achieve that objective is to support a negotiated Brexit, ensuring a smooth and orderly departure from the EU.

Alex Chalk Portrait Alex Chalk
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Cheltenham’s Government-backed future cyber-park will deliver jobs and opportunities for local people. What role will the Government’s university enterprise zones play in ensuring that this project is backed to its full potential?

Lord Hammond of Runnymede Portrait Mr Hammond
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I welcome the work that is going on in Cheltenham to build on the magnetic effect of GCHQ and to attract innovative cyber-based firms to the area. In autumn Budget 2018, I announced £5 million to support proposals for university enterprise zones, which will encourage collaboration between universities and businesses, promote knowledge and skills exchange, and deliver a boost to local productivity. The funding will allow excellent institutions such as the University of Gloucestershire to develop locally led proposals to build on strengths like cyber-security, technology and engineering.