Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Emma Reynolds Excerpts
Tuesday 10th September 2013

(10 years, 8 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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The hon. Gentleman is wrong in his assessment. He failed to say that the 13% collapse in manufacturing happened during the last three years of the previous Government. In the first three years of this Government, it has recovered. He mentioned the regional growth fund—paying tribute, I assume, to another successful intervention, which has helped firms such as JLR and will help others, including in the east midlands.

Emma Reynolds Portrait Emma Reynolds (Wolverhampton North East) (Lab)
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16. What recent progress has been made on implementation of the national infrastructure plan.

Sajid Javid Portrait The Economic Secretary to the Treasury (Sajid Javid)
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The Government will invest £300 billion over the next Parliament on infrastructure projects, including a pipeline worth more than £100 billion, and covering investment in transport, schools, science, housing and flood defences.

Emma Reynolds Portrait Emma Reynolds
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Since the Government took office, tens of thousands of jobs have been lost in the construction sector. I am deeply concerned that more than 80% of the Treasury’s infrastructure projects have not yet even started. Can the Minister explain to the House why there has been such a delay and what he will do to kick-start the process?

Sajid Javid Portrait Sajid Javid
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It is interesting that the hon. Lady did not mention the Armitt review, which was set up by the shadow Chancellor. Perhaps it is because Mr Armitt concluded that there was an economic crisis when this Government took office and she does not want to draw attention to it. However, she will be reassured to know that the Government take infrastructure investment very seriously. It is a top priority, which is why public investment under this Government is higher in each year of this Parliament than under the previous Government’s plans, as well as being higher as a percentage of national income.