Amendment of the Law

Neil Carmichael Excerpts

Tuesday 29th March 2011 Commons Chamber

[Neil Carmichael (Stroud) (Con)]

It is a great honour to speak in this important debate. I am mindful of the contribution made by the right hon. Member for Oldham West and Royton (Mr Meacher), who talked about the importance of growth. He recognised that the economy would start growing soon and suggested that this would yield a considerable amount of additional money for us to spend. He is quite right, and I welcome that admission. However, he is completely wrong to think that growth will simply happen without our tackling the deficit. That is what we must do, which is why the Budget is essentially fiscally neutral: we have already set out plans lasting for four years that will deliver the outcomes that we need for growth. That is why the Budget is all about growth, and I want to focus on those important issues.

First, one reason why I was not marching in London on Saturday—although I would not have done it anyway—was that we were celebrating the Chancellor of the Exchequer’s announcement of massive investment in infrastructure in my constituency, with the Stroud to Kemble redoubling. That kind of development really matters. My constituents are delighted to know that we will have a better way of getting to London. Businesses are already gearing up for more investment, and there is a general feeling that the scheme will lead to more prosperity. That stands in sharp contrast with, for example, the haphazard way in which the regional development agency attempted to promote growth in our area. Indeed, it was more likely to end up building houses than promoting factories. I welcome the fact that the Government have invested so wisely, and they are doing so elsewhere in the country too.

The second important thing is the announcement about the green investment bank, with £3 billion to start with. That is a great start, and is exactly the sort of investment that we need—certainly in my constituency, but across the board too. I look forward to the day when the green investment bank can start raising capital on its own. I understand why there is caution about that, but we have made an excellent start and the green investment bank will deliver some important things.

The third important thing—my right hon. Friend the Secretary of State mentioned this in his opening speech, and I will develop it—is giving people the opportunity to get to work. Once people are in work, we need to ensure that they benefit from appropriate training, which is why I welcome the emphasis on training and apprenticeships. For far too long under the Labour Government, we were effectively training people up to a standard that was good, but not good enough: it was just level 2, and we want level 3. We should learn a few lessons from Germany’s export-led recovery, one of which is that good training matters. I therefore celebrate the Government’s efforts to deliver really good training for our young people.

It is important to mention planning, too. We need a more flexible and collaborative planning system, involving those being planned for—home owners and local communities—businesses and local authorities. We should see more agreement at an earlier stage, so that things happen more smoothly. We do not want to see the kind of attitude that we have seen in the past, which at worst has involved planning by appeal— and, sometimes, not a huge amount getting done. I welcome those changes.

I also welcome the measures on fuel. I have had a lot of complaints from my constituents about the rising cost of fuel, and I understand them. We are in a rural area, and we have a large number of haulage firms. For them, the changes in taxation will be welcome. We must stick to a fiscally responsible approach to public expenditure, but we need growth, and we need to be active in promoting it. The right hon. Member for Oldham West and Royton was correct in saying that growth would go up, and that it would do so on the basis of investment, good training and a sensible taxation strategy.