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Speech in Commons Chamber - Tue 15 Nov 2022
Management of the Economy and Ministerial Severance Payments

"The public are becoming increasingly wise to the snake-oil salesman approach in which one thing is said, accompanied by handwringing and head shaking, but no real action is taken to tackle those who profit in a way that most people would find obscene.

If we listened to the Minister, we …..."
Patricia Gibson - View Speech

View all Patricia Gibson (SNP - North Ayrshire and Arran) contributions to the debate on: Management of the Economy and Ministerial Severance Payments
Speech in Commons Chamber - Tue 15 Nov 2022
Management of the Economy and Ministerial Severance Payments

"The hon. Gentleman cannot escape the fact that the markets went into meltdown after the mini-Budget. I know this Government want to pretend the mini-Budget, the consequent run on the pound and the near collapse of the pension system did not happen, but government is about taking responsibility and even …..."
Patricia Gibson - View Speech

View all Patricia Gibson (SNP - North Ayrshire and Arran) contributions to the debate on: Management of the Economy and Ministerial Severance Payments
Speech in Commons Chamber - Tue 15 Nov 2022
Management of the Economy and Ministerial Severance Payments

"Absolutely, and I am sure the hon. Member for Devizes (Danny Kruger) will be taking note and learning the lessons he needs to learn from that insight.

There is not expected to be a reduction in mortgage rates any time soon...."
Patricia Gibson - View Speech

View all Patricia Gibson (SNP - North Ayrshire and Arran) contributions to the debate on: Management of the Economy and Ministerial Severance Payments
Speech in Commons Chamber - Tue 15 Nov 2022
Management of the Economy and Ministerial Severance Payments

"Some estimates put additional mortgage costs at £5,100 a year, on average, by the end of 2024. I hear the chuntering from the hon. Gentleman about mortgage rates going down. He would do well to reflect on the fact that 73% of mortgage holders are worried about rate rises.

Alongside …..."
Patricia Gibson - View Speech

View all Patricia Gibson (SNP - North Ayrshire and Arran) contributions to the debate on: Management of the Economy and Ministerial Severance Payments
Speech in Commons Chamber - Tue 15 Nov 2022
Management of the Economy and Ministerial Severance Payments

"Perhaps the hon. Gentleman has listened to a podcast or something and has not been listening to half of this debate. The point of today’s debate is that the instability created by this Government means that Ministers who have been in post for a matter of weeks are hoovering up …..."
Patricia Gibson - View Speech

View all Patricia Gibson (SNP - North Ayrshire and Arran) contributions to the debate on: Management of the Economy and Ministerial Severance Payments
Speech in Commons Chamber - Tue 15 Nov 2022
Management of the Economy and Ministerial Severance Payments

"I thank my hon. Friend for that, but the hon. Member for South Cambridgeshire (Anthony Browne) seems to think that this is okay and perfectly in order. Goodness knows what his constituents will make of it, but that is a matter for him.

If Labour Members are concerned about these …..."
Patricia Gibson - View Speech

View all Patricia Gibson (SNP - North Ayrshire and Arran) contributions to the debate on: Management of the Economy and Ministerial Severance Payments
Speech in Commons Chamber - Tue 15 Nov 2022
Management of the Economy and Ministerial Severance Payments

"Thank you, Mr Deputy Speaker. I regret that the amendment has not been selected.

The Government have brought us into this mess, inflicted financial harm and are thrashing around to try to fix it. It is a failure of the Labour party not to be able to take on, in …..."
Patricia Gibson - View Speech

View all Patricia Gibson (SNP - North Ayrshire and Arran) contributions to the debate on: Management of the Economy and Ministerial Severance Payments
Speech in Commons Chamber - Tue 15 Nov 2022
Management of the Economy and Ministerial Severance Payments

"The international investment markets have talked about the UK’s suffering more economic hardship than other comparable countries, which they refer to as the “moron premium”. How does the hon. Gentleman respond to that? Are they wrong?..."
Patricia Gibson - View Speech

View all Patricia Gibson (SNP - North Ayrshire and Arran) contributions to the debate on: Management of the Economy and Ministerial Severance Payments
Speech in Commons Chamber - Tue 15 Nov 2022
Management of the Economy and Ministerial Severance Payments

"Does the hon. Gentleman agree that the £65 billion used to shore up pension funds following the mini-Budget—£1,000 for every man, woman and child in the UK—is also a testament to the incompetence of this Government?..."
Patricia Gibson - View Speech

View all Patricia Gibson (SNP - North Ayrshire and Arran) contributions to the debate on: Management of the Economy and Ministerial Severance Payments
Written Question
UK Shared Prosperity Fund
Thursday 20th October 2022

Asked by: Patricia Gibson (Scottish National Party - North Ayrshire and Arran)

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Levelling Up, Housing and Communities, if it remains the policy of the Government that total domestic UK-wide funding for the Shared Prosperity Fund will on average reach about £1.5 billion per year, as announced in the Spending Review published in November 2020.

Answered by Andrew Stephenson

The UK Government remains committed to levelling up across the UK. In 2021, the UK Government announced a £2.6 billion fund, the UK Shared Prosperity Fund, as a key component of this ambition. All areas of the UK will receive a UKSPF allocation via a funding formula rather than through competition. We welcome the work of local authorities and partners across the UK in developing UKSPF Investment Plans and will confirm the outcome of the Plan assessment process shortly.