National Infrastructure Plan Debate

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Department: HM Treasury

National Infrastructure Plan

Richard Fuller Excerpts
Wednesday 4th December 2013

(10 years, 5 months ago)

Commons Chamber
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Danny Alexander Portrait Danny Alexander
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As RWE said at the time, its decision about the project was a commercial one taken for a range of reasons. It was aware of the timetable for setting out the strike prices. I know that my hon. Friends in the Department of Energy and Climate Change had conversations with that company.

Richard Fuller Portrait Richard Fuller (Bedford) (Con)
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I have listened to the many questions from hon. Members, but none has referenced the fact that, despite making progress on the deficit, the Government’s finances are still not in balance. Having listened to the scepticism of a former Chancellor, the right hon. Member for Edinburgh South West (Mr Darling), does my right hon. Friend think that the Government would do better by being more modest in their scope, more effective in their delivery and more stringent in their evaluation of the projects?

Danny Alexander Portrait Danny Alexander
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The evaluation of all the projects is very stringent, and I ensure that that happens, but we have also taken some very difficult decisions to constrain public spending in other areas to make more investment available for infrastructure projects. I think that that is the right balance, because infrastructure projects are so important for the long-term future of the country. Under-investment in infrastructure has been a British disease for decades, and we need to end it.