Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

John Bercow Excerpts
Tuesday 6th November 2012

(11 years, 5 months ago)

Commons Chamber
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Chris Leslie Portrait Chris Leslie (Nottingham East) (Lab/Co-op)
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I do not quite understand why the Minister is reluctant to be straight with the House on the facts, particularly given the question asked by my hon. Friend the Member for Middlesbrough South and East Cleveland (Tom Blenkinsop).

John Bercow Portrait Mr Speaker
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Order. I am sure that the hon. Gentleman is not suggesting that any Minister would be anything other than straight. He may want to deploy another word with reference to dealings with the House.

Chris Leslie Portrait Chris Leslie
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Absolutely. Perhaps it was inadvertent—I would not in any way wish to imply that the Minister was deliberately obfuscating on the facts. I wanted to pick up on a specific question. As I understand it, public sector borrowing in the first six-month period of the last financial year was £62.4 billion. It was £65.1 billion in the first six months of this financial year, so will he confirm that that is £2.6 billion higher, that borrowing has risen, and that the deficit has gone up?

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Greg Clark Portrait Greg Clark
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The facts are as I set out, but if the hon. Gentleman is implying that in some way he is against a deficit, that he wants to pay down the deficit, can he explain why he can hold that position and simultaneously be in favour of increasing borrowing? The shadow Chancellor is on the record as saying that his plans mean a short-term increase in borrowing. Let him say by how much and when.

John Bercow Portrait Mr Speaker
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Order. I am chairing these proceedings. Let me just make it abundantly obvious to the Minister: the hon. Member for Nottingham East (Chris Leslie) gets two questions. He does not get a third and it is not the business of the Opposition to answer questions in this Chamber—that is the responsibility of the right hon. Gentleman in respect of Government policy. Let us be clear about that.

Edward Leigh Portrait Mr Edward Leigh (Gainsborough) (Con)
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Notwithstanding what we have just heard, surely, given the still very high and worrying levels of public debt, is it not incumbent on all coalition Members, from whatever party, to continue to support the Chancellor in the very difficult decisions he may have to take in the coming months that may amount to further cuts to public spending?

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Danny Alexander Portrait Danny Alexander
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My hon. Friend is right to highlight the importance of releasing public sector land for development for housing, including affordable housing. The Homes and Communities Agency is well ahead of its targets for releasing such land and for schools—

John Bercow Portrait Mr Speaker
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Order. Are we referring to the proceeds of the auction?

Danny Alexander Portrait Danny Alexander
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I am answering the question, which relates to the proceeds of the auction. We are using other policies, rather than the proceeds of the auction, to support this objective.

Gary Streeter Portrait Mr Gary Streeter (South West Devon) (Con)
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Rather than spending money we do not yet have, would it not be better for the Department to continue to work with the Department for Communities and Local Government and others in unlocking major housing schemes which have become stuck in recent years, such as the proposed new town of Sherford in my constituency? Is that not a better way of building affordable homes and boosting the economy?

John Bercow Portrait Mr Speaker
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Order. The hon. Gentleman is a very experienced Member. The question is about using the revenue from the auction —

Gary Streeter Portrait Mr Streeter
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I am talking about affordable housing.

John Bercow Portrait Mr Speaker
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Order. That is the term of—[Interruption.] Order. No assistance is required from the hon. Gentleman. He will accept my ruling and he can like it or lump it.

Danny Alexander Portrait Danny Alexander
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Rather than the proposal to use revenues from the auction, there are other policies that we can use to support the objective highlighted in the question, including those highlighted by the hon. Member for South West Devon (Mr Streeter)—planning reform, releasing public sector land and other fiscal steps that the Government can take which do not involve committing to this policy now.

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John Bercow Portrait Mr Speaker
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Order. The shadow Chancellor is perfectly free to decide not to speak when he is on his feet, but that does not mean that instead he can speak from his seat.

George Freeman Portrait George Freeman (Mid Norfolk) (Con)
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On behalf of my constituents, I welcome the news that the economy has returned to growth, and I draw the Minister’s attention to the success in the life sciences sector. Eli Lilly has announced a new early-stage neuroscience facility in the UK, Johnson and Johnson has made Britain the home of its new global innovation centre, and more than £1 billion has been raised this year in early stage funds. Is that not the only sustainable route to a really balanced recovery?

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None Portrait Several hon. Members
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rose

John Bercow Portrait Mr Speaker
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Last but not least, I call Mr Andrew Bridgen.