Autumn Statement Debate

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Department: HM Treasury
Wednesday 5th December 2012

(11 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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We welcome the work that the Silk commission has done. It asks some big questions about the devolution of fiscal powers to Wales. The Treasury and the Wales Office here in London are sitting down with the Welsh Assembly Government to work through the details of the proposals. I hope that the hon. Gentleman understands and accepts that we have taken a big step forward with the Silk commission and now have a text we can work on. How much we can implement will, of course, be a matter for democratic decisions in this House and in the Welsh Assembly in Cardiff.

Jackie Doyle-Price Portrait Jackie Doyle-Price (Thurrock) (Con)
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Businesses across south Essex will welcome the commitment that my right hon. Friend has made to improving the road infrastructure around the M25, which is its biggest constraint on growth and job creation. That illustrates the Government’s real commitment to creating more jobs in this vibrant sector. Does he agree that the Exchequer will benefit hugely from the increased tax receipts that will be generated by those increases in jobs and growth?

George Osborne Portrait Mr Osborne
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I congratulate my hon. Friend on the campaign she has fought on behalf of her constituents, and on behalf of jobs in Thurrock and elsewhere. The junction 30 upgrade will help to secure the largest port investment in the whole of northern Europe—it is a fantastic thing for the area, it will create many jobs and she has played a real part in helping to deliver it.