Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Gareth Johnson Excerpts
Tuesday 3rd July 2018

(5 years, 9 months ago)

Commons Chamber
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John Glen Portrait The Economic Secretary to the Treasury (John Glen)
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I held a workshop with representatives of various credit unions this week, and one with community development financial institutions last week. I have convened a working group from the financial inclusion taskforce, which will meet in September to consider urgently expanding access to credit options on better terms than the high-cost ones that exist in the market. We are doing all that we can to incentivise growth in that sector.

Gareth Johnson Portrait Gareth Johnson (Dartford) (Con)
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Dartford has seen over 1,000 new homes built in and around the town during the past 12 months, which is more than anywhere in Kent and one of the highest figures in the country. Does the Minister agree that investment in infrastructure needs to complement those new homes, not wait for several years?

Robert Jenrick Portrait Robert Jenrick
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My hon. Friend is absolutely right. That is why we have created the £4 billion housing infrastructure fund—it is exactly to deal with this problem—and a £600 billion pipeline of new infrastructure projects. He and I have already met to discuss the issues in his constituency, and we will be taking that forward.