Investing in Britain’s Future Debate

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Department: HM Treasury

Investing in Britain’s Future

Stephen Gilbert Excerpts
Thursday 27th June 2013

(10 years, 11 months ago)

Commons Chamber
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Danny Alexander Portrait Danny Alexander
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The hon. Gentleman makes an important point. I will say two things. First, I will draw his point to the attention of BDUK. Secondly, specific funding has been set aside to ensure that enterprise zones have the best broadband in the country. Broadband is a crucial part of those zones being able to attract the investment they need.

Stephen Gilbert Portrait Stephen Gilbert (St Austell and Newquay) (LD)
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Despite the welcome news on capital spend on flood defences, there remains the very serious issue of flood insurance. As my right hon. Friend will know, the current agreement with the insurance industry runs out in just three days’ time, yet he is not promising legislation until the autumn. What can be done in the meantime to maintain affordable and available flood insurance, so that people can protect, mortgage and sell their homes?

Danny Alexander Portrait Danny Alexander
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I am grateful to my hon. Friend. Let me repeat what I said in my statement. The existing statement of principles will continue until such time as the new arrangements that I described in my statement are put into place. The new arrangements will last a very long time and will protect his constituents. Alongside the extra capital investment we have announced today, they will ensure that we keep people safe from the risk of flooding.