Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

John Glen Excerpts
Tuesday 7th January 2020

(4 years, 3 months ago)

Commons Chamber
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Marsha De Cordova Portrait Marsha De Cordova (Battersea) (Lab)
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4. What fiscal steps he is taking to ensure the adequacy of funding for youth services.

John Glen Portrait The Economic Secretary to the Treasury (John Glen)
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In September, the Chancellor announced a new £500 million youth investment fund to build and refurbish youth centres and deliver high-quality services to young people across the country. That will include £250 million of capital investment, which is expected to deliver 60 new youth centres, 360 refurbished facilities and more than 100 mobile units for harder-to-reach areas.

Marsha De Cordova Portrait Marsha De Cordova
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Over the past decade, spending on youth services has been cut by more than £1 billion. In constituencies such as mine and across London, the number of youth clubs has almost halved. Will the Chancellor finally own up to the devastating effect that austerity has had on young people in my constituency and commit to funding a proper statutory youth service in his upcoming Budget?

John Glen Portrait John Glen
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What I can promise the hon. Lady is that the Government are committed to funding local government with a settlement, which was announced before the election, of an additional 4.4% in real-terms increase that will give local authorities that additional spending power alongside the youth investment fund announcement that I mentioned earlier.

Steve Baker Portrait Mr Steve Baker (Wycombe) (Con)
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Will my hon. Friend take steps to ensure that young people in Wycombe are not disadvantaged by excessively coarse aggregate measures of deprivation, which can obscure real need in constituencies such as mine?

John Glen Portrait John Glen
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I recognise the challenge of getting to the heart of the problems in different constituencies, and I would be happy to meet my hon. Friend to better understand his specific concerns so that we can get to the heart of the problem in his constituency.

Christian Matheson Portrait Christian Matheson (City of Chester) (Lab)
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5. What recent representations he has received on the application of the 2019 loan charge.

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Virendra Sharma Portrait Mr Virendra Sharma (Ealing, Southall) (Lab)
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T5. Let me wish you, Mr Speaker, and every Member a happy new year. The London Stock Exchange already has more bonds from African countries listed for trading than any other international stock exchange. What steps will the Chancellor take to support his colleagues in the Department for International Development to generate private sector investment in financial markets across Africa, so that services, businesses and start-ups can grow and create 50,000 jobs?

John Glen Portrait The Economic Secretary to the Treasury (John Glen)
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The Government are always willing to work with the City and interested parties to consider how we can advance investment across all those sectors, and I would be happy to discuss such matters with the hon. Gentleman.

James Wild Portrait James Wild (North West Norfolk) (Con)
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T3. When my right hon. Friend the Chancellor joined me in King’s Lynn during the election campaign, he heard from Merxin, an innovative medical company, about how our infrastructure revolution could benefit west Norfolk. Will he work with me, ahead of the Budget, to ensure that dualling the A47, and half-hourly rail services, are part of that investment programme?

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Katherine Fletcher Portrait Katherine Fletcher (South Ribble) (Con)
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T6. South Ribble is blessed with many creative and hard-working smaller businesses whose products can and do grace the world. Will my hon. Friend confirm how small business exports are growing our national economy and set out what the Government are doing to support them?

John Glen Portrait John Glen
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I welcome my hon. Friend to her place. I know she has great experience as an SME leader. The Government recognise that SMEs are the backbone of the economy. We have international trade adviser networks giving peer-to-peer support to encourage more exports. The Government’s export strategy, launched in August 2018, lays the foundations of how to extend that. I hope she will be able to make use of it during her time in the House.

Karl Turner Portrait Karl Turner (Kingston upon Hull East) (Lab)
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The “back of a cigarette packet” policy to increase road duty by more than 700% for motor homes and camper vans is reminiscent of the caravan tax of 2013, which I think was invented by the Chancellor’s predecessor George Osborne. That would have decimated manufacturing industry in Hull. Will the Chancellor meet me, colleagues and those in the industry, who are very concerned about this policy, so that they can explain directly to him how disastrous this policy will be for manufacturing industry in Hull?