Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Christopher Pincher Excerpts
Tuesday 19th January 2016

(8 years, 3 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I certainly commit to looking personally at what can be done to improve flood defences in Leeds. The Environment Agency and the Government are conducting a review after what was the highest level of rainfall in Yorkshire in modern history. Of course, having committed the additional £2 billion to flood investments, we are able to afford these things. We would not be able to afford any of this sort of thing if we had wrecked the economy like the last Government did.

Christopher Pincher Portrait Christopher Pincher (Tamworth) (Con)
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17. Does my right hon. Friend agree that as part of his long-term economic plan, the Help to Buy ISA will help people in my constituency, where housing is priced at a premium, to own their own homes—a dream that the Labour party wishes to quash?

George Osborne Portrait Mr Osborne
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My hon. Friend is right, and the Help to Buy ISA has been a spectacular success. In the few weeks since its launch, 170,000 families have taken it up, and it is helping people to get on the property ladder and save for that deposit. We are doing everything that we can to support the aspirations of the families of Britain.