Stephen Kerr
Main Page: Stephen Kerr (Conservative - Stirling)Department Debates - View all Stephen Kerr's debates with the Cabinet Office
(6 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Damian Green
All the areas that the hon. Lady talks about have benefited from an economic policy that has reduced unemployment to its lowest level for more than 40 years. I am happy to assure her that the money in this deal is well within the confines of the fiscal targets we have set ourselves, so we are still able to hit those targets of eliminating the deficit by 2025—by the middle of the next decade—and reducing the structural deficit to no more than 2% by 2020-21. This does not affect our fiscal targets at all.
Stephen Kerr (Stirling) (Con)
Speaking as the new Member for Stirling, where there is a new city region deal in the offing, may I ask my right hon. Friend to confirm for the benefit of Opposition Members that all city deals in Scotland and Wales since 2014 have sat outside the Barnett formula?
Damian Green
I welcome another of my hon. Friends to his place. He is exactly right. The city deals and the city region deals have proved one of the most successful innovations of this Government. I look forward to the people of his constituency benefiting from them, as people in constituencies across the UK already have.