Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Chris Leslie Excerpts
Tuesday 14th May 2013

(11 years ago)

Commons Chamber
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Danny Alexander Portrait Danny Alexander
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I wholeheartedly agree with my hon. Friend. I particularly welcome his comments on the potential for garden cities to add substantially to the housing supply, a matter on which the Government will make further statements in the next few months.

Chris Leslie Portrait Chris Leslie (Nottingham East) (Lab/Co-op)
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The Government have presided over a massive collapse of our construction sector. How can they maintain the pretence that they support the economy when just seven projects out of the 576 that were set out in their infrastructure plan are completed or operational? The director general of the CBI says:

“I have a queue of businesses at my door telling me the Government’s Infrastructure Plan needs speeding up.”

Will the Chief Secretary confirm that, so far, they have managed to deliver only two projects—less than one quarter of 1% of the underwriting guarantees authorised by his emergency legislation last summer?

Danny Alexander Portrait Danny Alexander
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The hon. Gentleman is stretching somewhat beyond the area of housing, Mr Speaker, but with your permission I would like to address his question. Some £10 billion worth of infrastructure projects prequalified for the guarantee scheme, bringing forward substantial investment in infrastructure. We are investing more in transport infrastructure in this Parliament than his Government managed during the economic good times. We are investing more in the railways than has been done since Victorian times. He should compliment the Government on our approach to infrastructure, because, whether in transport or communications and broadband, more is happening than his Government ever managed.