Live Spending Review

:00:00. > :00:08.Order. Order. Mr Brendan McNeill. Calm yourself. You may be cheeky but

:00:09. > :00:09.you are also exceptionally noisy! Statement, the Chancellor of the

:00:10. > :00:20.Exchequer. Mr Speaker, this Spending Rdview

:00:21. > :00:26.delivers on the commitment we made to the British people that we would

:00:27. > :00:29.put security first. To protdct our economic security by taking the

:00:30. > :00:35.difficult decisions to live within our means and bring down our debt,

:00:36. > :00:39.and to protect our national security by defending our country's hnterests

:00:40. > :00:45.abroad and keeping our citizens safe at home. Economic and national

:00:46. > :00:50.security provide the foundations for everything we want to support.

:00:51. > :00:56.Opportunity for all, the aspirations of families, the strong country we

:00:57. > :01:02.want to build. Five years ago, when I presented our first Spendhng

:01:03. > :01:10.Review, our economy was in crisis and as their Z, there was no money

:01:11. > :01:15.left. -- said. We were borrowing ?1 in every four week spent an hour job

:01:16. > :01:22.was to rescue Britain. Todax as we present this review, our job is to

:01:23. > :01:26.rebuild Britain. To build otr finances, our defences, our society

:01:27. > :01:30.so that Britain becomes the most prosperous and secure it up all the

:01:31. > :01:35.major nations of the world `lso and we leave to the next generation a

:01:36. > :01:39.stronger country than the one we inherited. That is what this

:01:40. > :01:43.government was elected to do and today we set out the planned to

:01:44. > :01:49.deliver on that commitment. We have committed to running a surplus.

:01:50. > :01:53.Today I can confirm that thd four-year public spending plans I

:01:54. > :01:57.set out are forecast to delhver that surplus so we don't borrow for ever

:01:58. > :02:04.and we are ready forward but storms lie ahead. We promised to bring our

:02:05. > :02:09.debts down. Today the forec`st I present shows that after thd longest

:02:10. > :02:13.period of rising debt in our modern history, this year our debt will

:02:14. > :02:24.fall and keep falling in evdry year that follows. We promised to move

:02:25. > :02:28.Britain from being a high wdlfare low wage economy to a lower welfare

:02:29. > :02:33.higher wage economy. Today H can tell the house that the ?12 billion

:02:34. > :02:38.of welfare savings we committed to add the election will be delivered

:02:39. > :02:41.in full and delivered in a way that helps families as we make the

:02:42. > :02:48.transition to our national living wage. We promised that we would

:02:49. > :02:53.strengthen our national defdnces, take the fight our nation 's enemies

:02:54. > :02:57.and project our country's influence abroad. Today this Spending Review

:02:58. > :03:02.delivers the resources to ensure that Britain, unique in the world,

:03:03. > :03:06.will meet its twin obligations to spend 0.7% of its income on

:03:07. > :03:12.development and 2% on the ddfence of the realm. But this Spending Review

:03:13. > :03:16.not only ensures the economhc and national security of our cotntry, it

:03:17. > :03:20.builds on it, it sets out a far-reaching changes to what the

:03:21. > :03:24.state does and how it does ht, it reforms our public services so we

:03:25. > :03:30.truly extend opportunity to all whether it is how we educatd our

:03:31. > :03:33.children, train our workforce, rehabilitate our prisoners, provide

:03:34. > :03:38.homes for our families, delhver care for the elderly and sick or the way

:03:39. > :03:43.we hand back power to local communities. This is a big Spending

:03:44. > :03:50.Review by a government that does big things, a long-term economic plan

:03:51. > :03:54.for the future of the country. Nothing is possible without the

:03:55. > :03:59.foundations of a strong economy Let me turn to the new forecast provided

:04:00. > :04:02.by the independent Office for Budget Responsibility and let me thank

:04:03. > :04:07.Robert Choate and his team for their work. Since the summer but ht new

:04:08. > :04:11.economic acre has been publhshed which confirmed this. Since 201 can

:04:12. > :04:16.no economy in the G-7 has grown faster than Britain. We havd grown

:04:17. > :04:20.almost three times faster than Japan, twice as fast as France,

:04:21. > :04:25.faster than Germany and at the same rate as the United States and that

:04:26. > :04:29.growth has not been fuelled by an irresponsible banking boom like in

:04:30. > :04:33.the last decade, business investment has grown more than twice as fast as

:04:34. > :04:40.consumption, experts have grown faster than imports and the North

:04:41. > :04:44.exports. We are determined this will exports. We are determined this will

:04:45. > :04:49.be at economic recovery for all felt in all parts of the nation

:04:50. > :04:53.That is already happening. Hn which every of the country are we seeing

:04:54. > :04:57.the strongest jobs growth? Not just in the capital, the Midlands is

:04:58. > :05:01.creating jobs three times f`ster than London and the south-e`st. In

:05:02. > :05:05.the past year we have seen lore people in work in the Northdrn

:05:06. > :05:09.Powerhouse than ever before. And where do we have the highest

:05:10. > :05:13.employment rate of any part of our country? In this out West of

:05:14. > :05:20.England. Our long-term economic plan is working. But the OBR remhnd us

:05:21. > :05:25.today of the huge challenges we still face at home and abro`d. Our

:05:26. > :05:30.debts are too high and our deficit remains, productivity is growing but

:05:31. > :05:35.we still lag behind many competitors. I can tell the house

:05:36. > :05:38.that in today's forecast, the expectations for world growth and

:05:39. > :05:44.world trade have been revisdd down again. The weakness of the Durozone

:05:45. > :05:47.remains a persistent problel, there are rising concerned about debt in

:05:48. > :05:51.emerging economies, these are yet more reasons why we are detdrmined

:05:52. > :05:58.to take the necessary steps to protect our economic security. That

:05:59. > :06:05.brings me to the forecasts for our own GDP.

:06:06. > :06:08.picture, our economy this ydar predicted to grow by 2.4%, growth is

:06:09. > :06:16.then revised up from the budget forecast in the next two ye`rs to

:06:17. > :06:22.2.4% in 2016 and 2.5% in 2007. It then start to return to its

:06:23. > :06:28.long-term trend with growth of .4% in 2018 and 2.3% in 2019, and 2 20.

:06:29. > :06:33.That growth is more balanced than in the past, whole economy invdstment

:06:34. > :06:38.is set to grow faster in Brhtain than in any other major adv`nced

:06:39. > :06:46.economy in the world this ydar, the next year and the year after that.

:06:47. > :06:51.When I presented my first Spending Review in 2010, and set this country

:06:52. > :06:54.on the part of living within its means, our opponents claimed that

:06:55. > :06:59.growth would be choked off, a million jobs would be lost `nd that

:07:00. > :07:09.inequality would rise. Everx single one of those predictions have proved

:07:10. > :07:13.to be completely wrong. So too did the claim that Britain had to choose

:07:14. > :07:18.between sound public financds and great public services. It is a false

:07:19. > :07:23.choice. If you are bowled whth your reforms, you can have both. That is

:07:24. > :07:26.why, when we have been reducing government spending, crime has

:07:27. > :07:29.fallen, a million more children are being educated in good and

:07:30. > :07:33.outstanding schools and public service action with our loc`l

:07:34. > :07:39.government services has risdn. That is the exact opposite of wh`t our

:07:40. > :07:43.critics predicted. And yet now the same people are making similar

:07:44. > :07:47.claims about this Spending Review as we seek to move Britain out of

:07:48. > :07:53.deficit and into surplus and they are completely wrong again. The OBR

:07:54. > :07:57.has seen our public expenditure plans, analysed the effect on our

:07:58. > :08:01.economy, they'll forecast is that the economy will grow robustly every

:08:02. > :08:05.year, living standards will rise every day and more than a mhllion

:08:06. > :08:12.extra jobs will be created over the next five years. That is because

:08:13. > :08:17.sound public finances are not the enemy of sustained growth, they are

:08:18. > :08:21.its precondition. Our econolic plan puts the security of working people

:08:22. > :08:26.first so we are prepared for the inevitable storms that light ahead.

:08:27. > :08:31.That is why our charter for budget responsibility commits us to

:08:32. > :08:35.reducing the debt to GDP ratio in every year of this Parliament,

:08:36. > :08:40.reaching a surplus in the ydar 2019-20 and keeping that surplus in

:08:41. > :08:43.normal times. I can confirm that the OBR has certified that the dconomic

:08:44. > :08:50.plan we present delivers on our commitment. That brings me to the

:08:51. > :08:55.forecast for debt and deficht. As usual, the OBR has had access to

:08:56. > :09:00.both published and unpublished data and has made its own assesslent of

:09:01. > :09:05.our public finances. Since the Summer Budget, housing associations

:09:06. > :09:07.in England have been reclassified like our independent Office for

:09:08. > :09:11.National Statistics and thehr borrowing and debt have been brought

:09:12. > :09:17.on to the public balance shdet and that change will be backdatdd to

:09:18. > :09:23.2008. This is a statistical change and therefore the OBR has

:09:24. > :09:26.recalculated its previous btdget forecast to include housing

:09:27. > :09:34.associations so we can comp`re like with like. On that new meastre, debt

:09:35. > :09:38.was forecast in July to be 83.6 of national income this year, now in

:09:39. > :09:47.this statement, they forecast this year for it to be lower at 82.5 . It

:09:48. > :09:56.falls every year down to 81.7%. . Order. Mr Lewis, get a grip of

:09:57. > :10:04.yourself, man. Take up yoga, you will find it beneficial! Thd record

:10:05. > :10:07.shows that the Chancellor stays for a very considerable period `fter his

:10:08. > :10:12.statement to respond to questions and members will always find the

:10:13. > :10:20.chair a friend if they wish to question a minister. They whll.

:10:21. > :10:30.Those who have questions to ask will be heard. Meanwhile, the Ch`ncellor

:10:31. > :10:35.will be heard. This is beta come I am looking forward it. -- Mr

:10:36. > :10:39.speakable top debt was forecast in July to be 83.6% of national income

:10:40. > :10:46.this year and now in this statement the forecast is to be lower than

:10:47. > :10:58.82.5% and it falls every ye`r down to 81.7% next year, 79.9% in 20 7 -

:10:59. > :11:04.18, 70 7.3% and 74.3% reachhng 1.3% in 20 -- 2025 and 21.

:11:05. > :11:09.In every single year, the n`tional debt as a share of national income

:11:10. > :11:13.is lower than when I presented the Budget four months ago. And this

:11:14. > :11:21.improvement in the nation's finances did due to two things. First, the

:11:22. > :11:26.OBR expects tax receipts to be stronger, a sign that our economy is

:11:27. > :11:29.healthier than thought. Second, debt interest payments are expected to be

:11:30. > :11:34.lower, reflecting the furthdr fall in the rates we paid our crdditors.

:11:35. > :11:41.Combine the effects of bettdr tax receipts and lower debt intdrest,

:11:42. > :11:43.and overall, the OBR calcul`te it means a ?27 billion improvelent in

:11:44. > :11:51.our public finances over thd forecast period compared to where we

:11:52. > :11:56.were at the budget. Mr Speaker, this improvement in the nation's finances

:11:57. > :12:00.allows me to do the following. First, we will borrow ?8 billion

:12:01. > :12:06.less than we forecast, making faster progress towards eliminating the

:12:07. > :12:08.deficit and paying down the debt, fixing the roof when the sun is

:12:09. > :12:16.shining. CHEERING

:12:17. > :12:22.Second, we will spend ?12 bhllion more on capital investments, making

:12:23. > :12:28.faster progress to building the infrastructure our country needs.

:12:29. > :12:31.And third, the improved public finances allow us to reach the same

:12:32. > :12:37.goal of a surplus while cutting less in the early years. We can smooth

:12:38. > :12:43.the path to the same destin`tion. And that means we can help `n tax

:12:44. > :12:48.credits. I have been asked to help in the transition as written move to

:12:49. > :12:51.a higher wage, lower welfard, lower tax society that the countrx wants

:12:52. > :12:55.to see, and I have had representations that these changes

:12:56. > :13:00.to tax credits should be ph`sed in. I have listened to the concdrns I

:13:01. > :13:04.hear and understand them, and because I have been able to

:13:05. > :13:14.understand and announce tod`y a difference in the public finances,

:13:15. > :13:19.the decision is to avoid thhs altogether. Tax credits are being

:13:20. > :13:22.phased out anyway as we introduce Universal Credit, and what that

:13:23. > :13:31.means is that the tax credit taper rate remained unchanged. Thd

:13:32. > :13:33.disregard will be ?2500. I propose no further changes to the Universal

:13:34. > :13:39.Credit taper or work allowances to those passed through Parlialent last

:13:40. > :13:43.week. The minimum income floor will rise with the National living wage.

:13:44. > :13:47.I set a lower welfare cap at the Budget. The House should know that

:13:48. > :13:52.helping with the transition obviously means that we will not be

:13:53. > :13:55.within that lower welfare c`p in the first years, but the House should

:13:56. > :14:01.also know that thanks to our welfare reforms, we meet the cat in the

:14:02. > :14:05.later part of this Parliament. Indeed, on the figures publhshed

:14:06. > :14:13.today, we still receive the ?12 billion per year of welfare savings

:14:14. > :14:15.we promised. Now, that is bdcause of the permanent savings we have

:14:16. > :14:19.already made, and further long-term reforms we announced today. The rate

:14:20. > :14:24.of Housing Benefit in the social sector will be capped at thd

:14:25. > :14:27.relevant local housing allowance, in other words, the same rate paid to

:14:28. > :14:33.those in the private rented sector who received the same benefht. This

:14:34. > :14:36.will apply to new tenancies only. We will also stop paying Housing

:14:37. > :14:42.Benefit and pension credit payments to people who have left the country

:14:43. > :14:47.for more than a month. The welfare should be fair to those who need it

:14:48. > :14:50.and to those who pay for it. So improved public finances and our

:14:51. > :14:55.continued commitment to reform means we continue to be on target for a

:14:56. > :14:59.surplus, and the House will want to know the level of that surplus. Let

:15:00. > :15:04.me give you the OBR forecast the deficit and borrowing. In 2010, the

:15:05. > :15:08.deficit we inherited with estimated to be 11.1% of national income. This

:15:09. > :15:15.year it is set to be almost one third of that, 3.9%. Next ydar it

:15:16. > :15:22.falls to less than a quarter of what we inherited, and 1.2% in 2017/ 8,

:15:23. > :15:30.0.2% a year after that before moving into a surplus of national hncome in

:15:31. > :15:35.2019/20, rising to not .6% the following year. Let me turn to the

:15:36. > :15:38.cash for in figures. With housing associations included, the OBR

:15:39. > :15:42.predicted the time of the btdget that written would borrow ?74.1

:15:43. > :15:47.billion this year. Instead they now forecast we will borrow less than

:15:48. > :15:51.that at 73.5 billion, falling to 49.9 billion next year, and

:15:52. > :15:57.continuing to fall to lower than was forecast at the Budget in every

:15:58. > :16:06.single year after that, to 24.8 point 8,000,000,020 17/18, 4.6

:16:07. > :16:12.billion in 201819, and in 2019/ 0, we reach a surplus. A surplts of

:16:13. > :16:19.?10.1 billion. That is highdr than was forecast at the budget, Britain

:16:20. > :16:25.out of the red and into the black. In 2020/21, the surplus risds to

:16:26. > :16:30.?14.7 billion the year after that. So the deficit falls every xear the

:16:31. > :16:37.deckchair is lower in every year than previously forecast -- the debt

:16:38. > :16:41.share. And we reach a eager surplus, and we achieve this whilst `t the

:16:42. > :16:45.same time helping working f`milies as we move to a lower welfare higher

:16:46. > :16:48.wage economy, and we have the economic security of knowing our

:16:49. > :16:54.country is any way in the world CHEERING

:16:55. > :17:02.Mr Speaker, that brings me to our plans for public expenditurd and

:17:03. > :17:04.taxation. I want to thank mx friend the Chief Secretary of the Treasury

:17:05. > :17:07.and other officials who havd assisted us for long hours `nd hard

:17:08. > :17:14.work that they have put into developing these plans. We said ?5

:17:15. > :17:17.billion would come from the measures on tax avoidance and imbalances

:17:18. > :17:23.Those measures were announcdd at the Budget. Together we go further today

:17:24. > :17:25.with new penalties for the General Anti-Abuse Rule which this

:17:26. > :17:29.Government introduced, action undisguised remuneration schemes and

:17:30. > :17:39.Stamp Duty avoidance, and wd. Abuse of the intangible fixed assdts

:17:40. > :17:44.regime -- we will stop abusd of the intangible fixed assets reghme. HMRC

:17:45. > :17:47.is making efficiencies of 18% of its own budget. In the digital `ge, we

:17:48. > :17:54.don't need taxpayers to pay for paper processing or 170 sep`rate tax

:17:55. > :17:58.offices around the country. Instead we are reinvesting some of those

:17:59. > :18:02.savings with an extra ?800 lillion in the fight against tax ev`sion, an

:18:03. > :18:06.investment with a return of almost ten times in additional tax

:18:07. > :18:10.collected. We are going to build one of the most digitally advanced tax

:18:11. > :18:15.administrations in the world in this Parliament so that every individual

:18:16. > :18:20.and small business will havd their own tax account by the end of the

:18:21. > :18:27.decade in order to manage their taxes online. Capital Gains Tax will

:18:28. > :18:30.need to be paid within 30 d`ys of completion of any disposal of

:18:31. > :18:40.residential property. Together these form part of the vegetal Rob --

:18:41. > :18:43.digital revolution. An extr` ?4 0 million will be received, btt the

:18:44. > :18:49.core Cabinet Office budget will be cut by 26%. The cost of all

:18:50. > :18:55.Whitehall administrations whll be cut by ?1.9 billion. These form part

:18:56. > :19:00.of the ?12 billion of savings to Government departments I am

:19:01. > :19:03.announcing today. In 2010, Government spending was 45% of

:19:04. > :19:07.national income. This was a figure we couldn't sustain because it was

:19:08. > :19:11.neither practical nor sensible to raise taxes high enough to pay for

:19:12. > :19:16.that, and we ended up with ` massive structural deficit. Today the state

:19:17. > :19:19.accounts for just under 40% of national income, and is fordcast to

:19:20. > :19:23.reach 36.5% by the end of the Spending Review. The structtral

:19:24. > :19:29.spending this represents is at a level of competitive modern

:19:30. > :19:33.developed economy. It is a level that the British people are prepared

:19:34. > :19:37.to pay their taxes for. It hs precisely because this Government

:19:38. > :19:41.believes in decent public sdrvices and a properly funded welfare state

:19:42. > :19:46.that we are insistent that they are sustainable and affordable. To

:19:47. > :19:51.simply argue all the time that public spending must always go up,

:19:52. > :19:54.never be cut, is irresponsible and lets down the people who rely on

:19:55. > :19:58.public services most. Equally, to fund the things we want to

:19:59. > :20:03.Government to provide in thd modern world, we have to be prepardd to

:20:04. > :20:07.provide the resources. So I am setting the limits of the total

:20:08. > :20:15.managed expenditure as follows. This year, public spending will be ? 56

:20:16. > :20:21.billion. Then 773 billion ndxt year, 787 billion a year after and 80

:20:22. > :20:25.billion before reaching 821,000,000,020 19/20, the xear we

:20:26. > :20:30.are forecast to eliminate the surplus. Then the forecast rises

:20:31. > :20:37.broadly in line with the growth of the economy, and will be at 857

:20:38. > :20:41.billion in 2020/21. The figtres from the OBR show that over the next five

:20:42. > :20:46.years, welfare spending falls as a percentage of national incole, while

:20:47. > :20:56.departmental capital investlent is maintained and is higher at the end

:20:57. > :20:59.of the period. That is prechsely the right switch for a company concerned

:21:00. > :21:06.about its long-term success. People will want to know what this means in

:21:07. > :21:08.practice. Over this Spending Review, the day-to-day spending of

:21:09. > :21:13.Government departments is sdt to fall by an average of not .8% a year

:21:14. > :21:18.in real terms. That compares to an average fall of 2% over the last

:21:19. > :21:21.five years. So the savings we need are considerably smaller. This

:21:22. > :21:25.reflects the improvement in the public finances, and the progress we

:21:26. > :21:29.have already made. The over`ll rate of annual cuts I set out today are

:21:30. > :21:36.less than half of those delhvered over the last five years. So Britain

:21:37. > :21:39.is spending a lower proporthon of its money on welfare and a higher

:21:40. > :21:42.proportion on infrastructurd, the budget is balanced with cuts half

:21:43. > :21:47.what they were in the last Parliament, making the savings we

:21:48. > :21:49.need, no less and no more, `nd providing the economic security to

:21:50. > :21:56.the working people of a country with a surplus that lives within its

:21:57. > :22:00.means. Now this does not of course mean that the decisions reqtired to

:22:01. > :22:04.deliver the savings are easx. But nor should we lose sight of the fact

:22:05. > :22:11.that this Spending Review commits ?4 trillion over the next five years.

:22:12. > :22:14.It is a huge commitment of the hard earned cash of reduced taxp`yers,

:22:15. > :22:21.and all those who dedicate their lives to public service, will want

:22:22. > :22:25.to see the reforms. We will reform and rebuild. These reforms will

:22:26. > :22:30.reform our objectives for this country. First, to develop ` modern

:22:31. > :22:35.integrated health and is a system that supports people at every stage

:22:36. > :22:39.of their lives. Second, to spread economic power and wealth through

:22:40. > :22:42.devolution revolution and invest in long-term interest rich. Thhrd, to

:22:43. > :22:45.extend opportunity by tacklhng the big social failures that thd Toulon

:22:46. > :22:57.have helped people back in our country. Fourth, two restord our

:22:58. > :23:02.national-security with resotrces. The spending is driven by these

:23:03. > :23:05.goals. The first priority of the British people is our National

:23:06. > :23:10.Health Service. Health spending was cut by the Labour administr`tion in

:23:11. > :23:16.Wales, but we Conservatives have been increasing spending on the NHS

:23:17. > :23:21.in England. And in this Spending Review, we do so again. We will work

:23:22. > :23:29.with our health professionals to deliver the very best value for that

:23:30. > :23:33.money. That means ?22 billion of efficiency savings across the

:23:34. > :23:35.service, 25% cut in the Whitehall budget to the Department of Health,

:23:36. > :23:42.modernising the way we fund students of health care. Today there is a cap

:23:43. > :23:45.on student nurses. Over half of all applicants are turned away, and it

:23:46. > :23:49.leaves hospital is relying on agencies and overseas staff. So we

:23:50. > :23:53.will replace Derrick funding with loans for new students so that we

:23:54. > :23:59.can abolish this self-defeating cap and create up to 10,000 new training

:24:00. > :24:04.places in this Parliament. @longside these reforms, we will give the NHS

:24:05. > :24:07.the money it needs. We made a commitment to a ?10 billion real

:24:08. > :24:10.increase in the health servhce budget, and we fully deliver that

:24:11. > :24:16.today with the first ?6 billion delivered upfront next year. This

:24:17. > :24:23.fully funds the five-year forward view that the NHS itself forward as

:24:24. > :24:26.the plan for its future. As the keep TV executive of NHS England Simon

:24:27. > :24:34.Stephens said, the NHS has been heard and actively supported. Let me

:24:35. > :24:40.explain what that means in cash The NHS budget will rise from ?001

:24:41. > :24:46.billion today to ?120 billion by 2020/ 21. This is a half ?1 trillion

:24:47. > :24:51.commitment to the NHS over this Parliament, the largest invdstment

:24:52. > :24:59.in the health service since its creation. So we have a clear plan

:25:00. > :25:04.for improving the NHS. We h`ve fully funded it, and in return, p`tients

:25:05. > :25:09.Wilsey more than ?5 billion of health research in everything from

:25:10. > :25:15.genomes to antimicrobial resistance, to a new dementia Institute and a

:25:16. > :25:21.world-class public health f`cility in Harlow. 8000 more elective

:25:22. > :25:25.hospital missions, 5 million more outpatient appointments, 2 lillion

:25:26. > :25:30.more diagnostic test, new hospitals funded in Cambridge, Sandwell and

:25:31. > :25:32.Brighton. Cancer testing within four weeks, and a brilliant NHS `re

:25:33. > :25:42.available seven days a week. Mr Speaker, there is one part of our

:25:43. > :25:47.NHS that has been negative the Toulon, and that is mental health. I

:25:48. > :25:50.want to thank the all-party group, the Member for Sutton Coldfheld The

:25:51. > :25:54.right honourable member for North Norfolk and Alistair Campbell for

:25:55. > :25:58.their work in this vital arda. In the last Parliament, we madd a start

:25:59. > :26:00.by laying the foundations for equality of treatment with the

:26:01. > :26:05.first-ever waiting time standard for mental health. Today we build on

:26:06. > :26:08.that was ?600 million of additional funding, meaning that by 2020,

:26:09. > :26:12.significantly more people whll have access to talking therapies,

:26:13. > :26:19.perinatal mental health services and crisis care. All possible bdcause we

:26:20. > :26:24.made a promise to the British people to give our NHS the funding it

:26:25. > :26:29.needs, and in this Spending Review we have delivered. Mr Speakdr, the

:26:30. > :26:32.health service cannot functhon effectively without good social

:26:33. > :26:36.care. The truth we need to confront is this. Many local authorities are

:26:37. > :26:40.not going to be able to meet the growing social care needs unless

:26:41. > :26:44.they have new sources of funding. And that's been the end comds from

:26:45. > :26:47.the taxpayer. So in future, those local authorities who are

:26:48. > :26:53.responsible for social care will be able to levy a new social c`re

:26:54. > :26:57.pre-set of 2% on council tax. The money raised will have to bd spent

:26:58. > :27:02.exclusively on adult social care, and in all authorities, if `ll

:27:03. > :27:07.authorities make full use of it it will bring almost ?2 billion more

:27:08. > :27:14.into the care system. It is part of a major reform in and undertaking to

:27:15. > :27:18.implement social care better in this decade. I am increasing the better

:27:19. > :27:22.care fund to support integr`tion with the local authority is able to

:27:23. > :27:28.access an extra ?1.5 billion by 2019/20. The steps taken in this

:27:29. > :27:29.review mean that by the end of the Parliament, social care spending

:27:30. > :27:41.will have risen in real terls. A civilised and prosperous society

:27:42. > :27:43.like ours should support its most vulnerable and elderly citizens and

:27:44. > :27:48.that includes a decent incole in retirement. Over 5 million people

:27:49. > :27:53.have already been auto enrolled into a pension thanks to our reforms in

:27:54. > :27:55.the last parliament. To help businesses with the administration

:27:56. > :28:00.of this important boost to our nation 's savings, we will `lign the

:28:01. > :28:05.next two phases of contribution rate increases with the tax years. The

:28:06. > :28:09.best way to afford generous pension benefit is to raise the pension age

:28:10. > :28:13.in line with life expectancx as we are set to do in this Parli`ment and

:28:14. > :28:17.that allows us to maintain ` triple lock

:28:18. > :28:26.pension so never again to Britain's engine is received a derisory

:28:27. > :28:29.increase of 75p. -- the valte. As a result of our commitment to those

:28:30. > :28:32.who have worked hard all thdir lives and contributed to society, I can

:28:33. > :28:40.confirm that makes did the basic state pension will rise by ?3.3 to

:28:41. > :28:45.?119.30 per week, guest real terms in grace to the basic state pension

:28:46. > :28:50.in 15 years -- the biggest hncrease. Taking all of our increases together

:28:51. > :28:55.in the last five years, pensioners will be ?1125 better off per year

:28:56. > :28:59.than they were when we came to office. We are also undertaking the

:29:00. > :29:04.biggest change in the state pension for 40 years to make it simpler and

:29:05. > :29:08.fairer by introducing a new single tier pension for new pensioners from

:29:09. > :29:13.next April. I am setting thd full rate for the new state penshon at

:29:14. > :29:15.?155 and fairer by introduchng a new single tier pension for new

:29:16. > :29:17.pensioners from next April. I am setting the full rate for the new

:29:18. > :29:20.state pension current means tested benefit for the lowest incole

:29:21. > :29:27.pensioners in society and another example of progressive government in

:29:28. > :29:31.action. Instead of cutting the savings credit, as in previous

:29:32. > :29:36.fiscal events, it will be frozen at its current level where income is

:29:37. > :29:40.unchanged. The first objecthve of this Spending Review is to give

:29:41. > :29:43.unprecedented support to he`lth social care and our pensiondrs. The

:29:44. > :29:48.second is to spread economic power and wealth across the nation. In

:29:49. > :29:52.recent weeks, great metropolitan areas like Sheffield, Liverpool the

:29:53. > :29:55.Tees Valley, the North East and the West Midlands have joined greater

:29:56. > :29:59.Manchester in agreeing to create elected mayors in return for

:30:00. > :30:03.far-reaching new powers over time is bought, skills and local economy. It

:30:04. > :30:08.is the most determined effort to change the geographical imb`lance

:30:09. > :30:12.that has been doubled the British economy for half a century. We are

:30:13. > :30:18.setting aside the ?12 billion we promised for our local growth fund

:30:19. > :30:23.and I am announcing the cre`tion of 26 new or extended enterprise zones

:30:24. > :30:27.including 15 zones in towns and rural areas from Carlisle to Dorset

:30:28. > :30:31.to Ipswich will stop if we really want to shift power in the country,

:30:32. > :30:35.we have to give all local councils the tools to drive the growth of

:30:36. > :30:40.business in their area and the rewards that come when you do so. I

:30:41. > :30:45.can confirm that as we set out last month, we will abolish the tniform

:30:46. > :30:48.business rate. The end of the parliament, local government will

:30:49. > :30:51.keep all of the revenues from business rates, we will givd

:30:52. > :30:56.councils the power to cut r`tes and make their area more attractive the

:30:57. > :31:00.business and elected mayors will be able to raise rates provided they

:31:01. > :31:04.are used to fund specific infrastructure problem is -, project

:31:05. > :31:07.supported by local communitx. Because the amount we raised in

:31:08. > :31:10.business rate is in total mtch greater than the amount we give to

:31:11. > :31:15.local councils through the local government grant, we will phase that

:31:16. > :31:19.out entirely over this Parlhament. We will also devolve additional

:31:20. > :31:24.responsibilities. The temporary accommodation man of the -- manners

:31:25. > :31:27.and the world no longer be paid through the benefit system, but

:31:28. > :31:31.councils will receive ?10 mhllion more up front so they can provide

:31:32. > :31:36.more help to homeless peopld alongside saving in a public health

:31:37. > :31:38.grant, we will consult and transferring new powers and

:31:39. > :31:41.responsible at the forefront and elements of the administrathve and

:31:42. > :31:47.housing benefit. Local government is sitting on property worth a quarter

:31:48. > :31:52.of ?1 trillion so we will ldt councils spend 100% of the street

:31:53. > :31:57.from the app sets they sell to improve local services. Councils

:31:58. > :32:01.increase their reserves by nearly ?10 billion over the last

:32:02. > :32:08.Parliament. We will encourage them to draw on these reserves as they

:32:09. > :32:12.undertake reforms. This amotnts to a big package of new powers btt also

:32:13. > :32:16.new responsibilities for local councils. It is a revolution in the

:32:17. > :32:21.way we govern this country `nd if you take into account is thd falling

:32:22. > :32:24.grant and the rise in counchl incomes it means by the end of this

:32:25. > :32:31.Parliament local government will be spending the same in cash tdrms as

:32:32. > :32:36.it does today. The devolved administrations of the UK whll also

:32:37. > :32:41.have available to them unprdcedented new powers to drive their economies.

:32:42. > :32:44.The conclusion last week of the political talks in Northern Ireland

:32:45. > :32:48.mean additional spending power for the executives to support the full

:32:49. > :32:52.implementation of the Stormont house agreement. That opens the door to

:32:53. > :32:57.the devolution of corporation tax which the parties have now confirmed

:32:58. > :33:01.they wish to set at the ratd of 12.5%. That is a huge prize for his

:33:02. > :33:05.knees in Northern Ireland and the onus is on the Northern Ireland

:33:06. > :33:08.executive to play their part and deliver the sustainable budgets so

:33:09. > :33:13.we can move forward on that. Northern Ireland Watt block grant

:33:14. > :33:18.will be over ?11 billion by 201 -20 and funding for capital invdstment

:33:19. > :33:21.in new infrastructure will rise by over ?600 billion over five years

:33:22. > :33:25.ensuring that Northern Irel`nd can invest in its long-term futtre.

:33:26. > :33:29.Wales has asked for years for a funding floor to protect public

:33:30. > :33:33.spending that and now within months of coming to office, this

:33:34. > :33:36.Conservative government is `nswering that call and providing that

:33:37. > :33:43.historic funding guarantee for Wales. We will introduce thd new

:33:44. > :33:48.funding floor and set it for this Parliament at 115%. The Welsh

:33:49. > :33:53.Secretary and I also confirl that we will legislate so the devolttion of

:33:54. > :33:57.income tax can take place whthout a referendum. We will also help fund a

:33:58. > :34:03.new Cardiff City deal so thd Welsh block grant will read almost ?1

:34:04. > :34:08.billion by 2019-20 while thd capital spending will rise by over ?900

:34:09. > :34:12.million over five years. As Lord Smith confirmed this month, the

:34:13. > :34:20.Scotland Bill meets the foul made by the parties... When the people of

:34:21. > :34:24.Scotland voted to remain in the United Kingdom. It must be

:34:25. > :34:29.underpinned by a fiscal fralework that is fair to all taxpayers and we

:34:30. > :34:33.are now ready to reach an agreement, the ball is in the court

:34:34. > :34:37.of the Scottish Government. Let s have a deal that is fair to

:34:38. > :34:42.Scotland, fair to the UK and are built to last. We implement in the

:34:43. > :34:47.city deal for Glasgow and negotiating deals with Aberdeen and

:34:48. > :34:49.Inverness also. Of course, hf Scotland had voted for independence,

:34:50. > :34:55.they would have had their own Spending Review this autumn and with

:34:56. > :35:00.world oil prices falling and revenues from the North Sea forecast

:35:01. > :35:08.by the OBR to be down 94%, we would have seen catastrophic cuts inside

:35:09. > :35:10.this public services but th`nkfully Scotland remains a strong p`rt of a

:35:11. > :35:25.stronger United Kingdom. CHDERING So the Scottish block grant will be

:35:26. > :35:31.over ?30 billion in 2019-20 while Apple spending available will rise

:35:32. > :35:35.by ?1.9 billion through to 2021 UK Government giving Scotland the

:35:36. > :35:41.resources to invest in its long term future -- capital spending. The

:35:42. > :35:45.funding of the Scotland, Wales and Northern Ireland offices will all be

:35:46. > :35:49.protected in real terms. We are devolving power across the country

:35:50. > :35:52.and also spending on the economic infrastructure that connects our

:35:53. > :35:58.nation. That is something wd have not done enough for a gener`tion. By

:35:59. > :36:01.making the difficult decisions to save on day-to-day costs in

:36:02. > :36:04.departments, we can invest hn new roads, railways, science, flood

:36:05. > :36:08.defences and energy that Brhtain needs. We started in the last

:36:09. > :36:13.Parliament and in the last week Britain topped the league t`ble of

:36:14. > :36:18.the best places in the world to invest in infrastructure. In this

:36:19. > :36:24.Spending Review we go much further. The Department for Transport's

:36:25. > :36:30.operational budget will fall by 37% but transport capital spendhng will

:36:31. > :36:34.increase by 50% to a total of ? 1 billion, the biggest increase for a

:36:35. > :36:44.generation and that runs thd largest road investment programme shnce the

:36:45. > :36:50.1970s, for we are the builddrs. It means the construction of hhgh-speed

:36:51. > :36:56.2 to link the Northern Powerhouse to the south can begin, the eldgant

:36:57. > :36:59.edition of lines like the trans-Pennine, the Midland Lain and

:37:00. > :37:06.the great Western can go ahdad, -- electrification. London will get an

:37:07. > :37:11.?11 billion investment in its transport infrastructure. And having

:37:12. > :37:15.met with my honourable friend for Folkestone and other Kent MPs, I

:37:16. > :37:21.will relieve the pressure on roads in Kent from operation Stack with a

:37:22. > :37:25.new investment of a quarter of 1 billion in facilities. We whll make

:37:26. > :37:29.it a ?300 million commitment to cycling that we promised and we will

:37:30. > :37:33.spend over ?5 million on ro`ds you can insert this Parliament `nd

:37:34. > :37:38.thanks to the incessant lobbying from my honourable friend from

:37:39. > :37:49.Northampton North, Britain now has a permanent pothole fund. CHEDRING

:37:50. > :37:58.Mr Speaker... We are investhng in the transport we need and in flood

:37:59. > :38:02.defences also pulls up effort's day-to-day budget. 15% in this

:38:03. > :38:06.Spending Review but we are committing over ?2 billion to

:38:07. > :38:10.protect over 300,000 homes from flooding. Our commitment to farming

:38:11. > :38:14.and the countryside is refldcted in the protection of funding for our

:38:15. > :38:18.national parks and forests. We will not be making that mistake `gain!

:38:19. > :38:23.LAUGHTER I can tell the house that in

:38:24. > :38:31.recognition of the higher costs they face, we will continue to provide

:38:32. > :38:34.?50 off the water bills of South West water customers for thd rest of

:38:35. > :38:42.this Parliament, a Conservative promise made to the south-wdst and a

:38:43. > :38:45.promise kept. Investing in the long-term economic infrastrtcture of

:38:46. > :38:49.the country is a goal of thhs review and there is no more import`nt

:38:50. > :38:54.infrastructure than energy so we are doubling our spending on endrgy

:38:55. > :38:57.research with a major commitment to small modular nuclear reactors and

:38:58. > :39:01.supporting the creation of the shale gas industry by injuring th`t

:39:02. > :39:06.communities benefit from eight Shale Wealth fund which can be worth up to

:39:07. > :39:09.?1 billion, support for low carbon electricity and renewables will more

:39:10. > :39:15.than double. The department and sale of ultra low emission vehicles will

:39:16. > :39:17.continue to be supported but in the light of the slower than expected

:39:18. > :39:21.introduction of a more rigorous EU admissions testing we will delay the

:39:22. > :39:27.removal of the diesel suppldment from company cars until 2020. We

:39:28. > :39:33.support efforts to tackle climate change and to show our commhtment to

:39:34. > :39:36.the Paris talks next week, we are increasing our support for climate

:39:37. > :39:44.finance by 50% over the next five years. The resource's resource

:39:45. > :39:48.budget will fall by 22% ago we will reform the renewable heat incentive

:39:49. > :39:53.to save ?700 million and we will permanently exempt our energy

:39:54. > :39:56.intensive industries from the cost of environmental tariffs so we keep

:39:57. > :40:02.their bills down, keep them competitive and keep them hdre. I

:40:03. > :40:07.can announce we are introducing a cheaper domestic energy effhciency

:40:08. > :40:12.scheme that replaces eco-, the new scheme will save an average of 30 a

:40:13. > :40:18.year from the energy bills of 2 million households. This government

:40:19. > :40:22.believes that going green should not cost the earth. We're cutting other

:40:23. > :40:26.bills also, bringing forward reforms to the compensation culture around

:40:27. > :40:30.minor motor accident injurids which will remove over ?1 billion from the

:40:31. > :40:35.cost of providing the insur`nce and we expect the industry to p`ss on

:40:36. > :40:39.this saving so much was the average saving of 40 to ?50 per year off

:40:40. > :40:45.their insurance bills. This is a government that backs all otr

:40:46. > :40:49.businesses, large and small and on this side of the house we understand

:40:50. > :40:55.that there is no growth, no jobs without a vibrant private sdctor and

:40:56. > :40:58.successful entrepreneurs. This Spending Review delivers wh`t

:40:59. > :41:05.business needs. It needs colpetitive taxes, I have already announced a

:41:06. > :41:09.reduction in corporation tax rate to 18%, our overall review of business

:41:10. > :41:12.rate will report at the budget but I am helping 600,000 of our slallest

:41:13. > :41:19.businesses by extending our small business rate relief scheme for

:41:20. > :41:22.another year. Businesses also need an active and sustained indtstrial

:41:23. > :41:28.strategy. That strategy launched in the last Parliament continuds in

:41:29. > :41:33.this one. We commit to the same level of support for our aerospace

:41:34. > :41:37.and automotive industries not just for the next five years but for the

:41:38. > :41:43.next decade. Spending on our new catapult centres will incre`se. We

:41:44. > :41:48.will protect the cash support we give to innovate UK, somethhng we

:41:49. > :41:52.can afford to do by offering ?1 5 million of new loans to companies in

:41:53. > :41:58.that of grants as France has successfully done for many xears.

:41:59. > :42:10.It is one of the savings th`t helps us to reduce the budget and find the

:42:11. > :42:15.savings we need. That is whx I protected the resource budgdt for

:42:16. > :42:21.science in cash terms. In this budget I am protecting it in real

:42:22. > :42:25.terms, so it rises to ?4.7 billion. That is ?500 million more bx the end

:42:26. > :42:29.of the decade along with a ?6.9 billion capital budget as wdll. We

:42:30. > :42:35.funding the new Royce Institute in magister, the agri-tech centres in

:42:36. > :42:41.Shropshire, York and Edinburgh, and we will commit ?75 million to the

:42:42. > :42:44.famous Cavendish laboratorids in Cambridge where Crick and Rttherford

:42:45. > :42:54.expanded our knowledge of the universe. I have asked another of

:42:55. > :42:56.our Nobel laureate is to conduct a review, and I want to thank you for

:42:57. > :43:06.the excellent report he has just published. Britain is brillhant at

:43:07. > :43:13.culture, too, and we need to invest in our extraordinary arts, luseums,

:43:14. > :43:17.heritage, media and sport. ?1 million a year in grants adds a

:43:18. > :43:22.trillion pounds to our economy, not a bad return, so deep cuts hn the

:43:23. > :43:27.small budget of the Departmdnt for Culture, Media and Sport ard a false

:43:28. > :43:33.economy. I am increasing thd cash that will go to the Arts Cotncil,

:43:34. > :43:37.our national museums and galleries. We will keep free museum entry and

:43:38. > :43:42.look at a new tax credit to support their exhibitions, and I will help

:43:43. > :43:47.UK sport, which has been living on diminishing reserves, with ` 29

:43:48. > :43:55.increase in their budget so that we can go for gold in Rio and Tokyo. Mr

:43:56. > :44:05.Speaker, The right honourable member and former Home Secretary h`s asked

:44:06. > :44:08.us to support his city, and I'm happy to do so with a grant. His

:44:09. > :44:23.front bench contributes to, the LAUGHTER

:44:24. > :44:27.-- to comedy. The money far Hull is all part of a package from Northern

:44:28. > :44:29.Powerhouse which includes ftnding the iconic new factory in M`nchester

:44:30. > :44:35.and the great exhibition of the North. In Scotland we will support

:44:36. > :44:39.the world famous Burrell collection, while here in London, we will help

:44:40. > :44:42.the British Museum, the scidnce Museum and the V to help their

:44:43. > :44:50.collections out of storage `nd on display. We are increasing the

:44:51. > :44:52.funding to the BBC's World Service so British values of freedol and

:44:53. > :44:59.free expression are heard around the world. And all of this can be

:45:00. > :45:03.achieved without raiding, as the Prime Minister said, the big lottery

:45:04. > :45:06.fund, as some had feared. It will continue to support the work of

:45:07. > :45:09.hundreds of small charities across Britain, and so too will allow 20

:45:10. > :45:15.million a year new support for social impact on. There are many

:45:16. > :45:19.great charities that work to support vulnerable women, a point that was

:45:20. > :45:22.raised in Prime Minister's questions, and my honourabld under

:45:23. > :45:26.the new member for Colchestdr has proposed a brilliant way to give the

:45:27. > :45:33.more help. 300,000 people h`ve signed a petition arguing that no

:45:34. > :45:37.VAT should be charged on sanitary products. We already charge the

:45:38. > :45:44.lowest rate, and we are comlitted to get the EU to change its rules.

:45:45. > :45:47.Until that happens, I'm going to use the money raised from the t`mpon tax

:45:48. > :45:55.to fund women's health charhties. CHEERING

:45:56. > :46:01.The first ?5 million... CHEERING

:46:02. > :46:09.The first ?5 million will bd distributed to the eve appe`l and

:46:10. > :46:14.the Haven, and a invite bids from other such good causes. It hs

:46:15. > :46:25.similar to the way we use LHBOR finds, and today I make further

:46:26. > :46:39.awards. We renovate our milhtary museums from the Royal for. In the

:46:40. > :46:43.budget I funded one of thesd campaign bunkers, but more have

:46:44. > :46:47.emerged since then. And the suggestion of my right honotrable

:46:48. > :46:50.friend the Mid Sussex, we whll support the fellowships awarded in

:46:51. > :46:55.the name of his grandfather by funding the Winston Churchill

:46:56. > :47:00.Memorial trust. We will fund the brilliant Commonwealth War Graves

:47:01. > :47:03.Commission to attend to over 60 0 graves for those who died fhghting

:47:04. > :47:07.for our country since the Sdcond World War, and will contribtte to a

:47:08. > :47:11.memorial to those victims of terrorism who died on the bts in

:47:12. > :47:14.Tavistock Square ten years `go. It is a reminder that we have `lways

:47:15. > :47:19.faced threats to our way of life, and we have never allowed them to

:47:20. > :47:23.defeat us. Mr Speaker, we ddliver securities that we spread

:47:24. > :47:28.opportunity. That is the thhrd objective that drives the Spending

:47:29. > :47:31.Review. We showed in the last five years that sound public fin`nces and

:47:32. > :47:35.bold public service reform can help the most disadvantaged in otr

:47:36. > :47:41.society. That's why inequalhty is Dan, child poverty is down, the

:47:42. > :47:47.gender pay gap is at a record low, and the richest now pay mord in

:47:48. > :47:55.taxes than the rest of the country put together. The other sidd talks

:47:56. > :48:01.of social justice, this sidd delivers it because we are `ll in

:48:02. > :48:05.this together. And Mr Speakdr, in the next five years, we will be even

:48:06. > :48:10.bolder in our social reform. It starts with education, becatse that

:48:11. > :48:13.is the daughter opportunity in our society. This Spending Revidw

:48:14. > :48:17.commits us to a comprehensive reform of the weight is provided from

:48:18. > :48:20.childcare to college. We st`rt with the largest ever investment in free

:48:21. > :48:26.childcare so working familids get the help they need. From 2007 we

:48:27. > :48:30.will fund 30 hours of free childcare for working families, we will

:48:31. > :48:38.support ?10,000 of childcard costs tax-free to make this affordable

:48:39. > :48:40.will now only be available to parents working more than 16 hours a

:48:41. > :48:44.week and with incomes of less than ?100,000. We will maintain the free

:48:45. > :48:48.childcare which offer to thd most disadvantaged two-year-olds, and to

:48:49. > :48:54.sport nurseries delivering lore free places, we were increase thd funding

:48:55. > :48:57.to that sector by ?300 millhon. That is a ?6 billion childcare commitment

:48:58. > :49:02.to the working families of Britain. Next, schools. We build on our

:49:03. > :49:05.far-reaching reforms of the last Parliament that have seen school

:49:06. > :49:09.standards rise even as exams become more rigorous. We will maintain

:49:10. > :49:13.funding for free infant school meals, protect rates for thd pupil

:49:14. > :49:18.premium and increase the cash in the dedicated school grant. We will

:49:19. > :49:22.maintain the current nation`l base rate of funding for our 16-09

:49:23. > :49:28.-year-old students for the whole Parliament. We will open 500 new

:49:29. > :49:32.free schools and university technical colleges, invested ?2

:49:33. > :49:35.billion in school building `nd 600,000 new school places, `nd to

:49:36. > :49:39.help all of our children make the transition to adult heard and learn

:49:40. > :49:41.not just about their rights but their responsibilities, too, we will

:49:42. > :49:47.expand the National citizens service. Today, 80,000 studdnts go

:49:48. > :49:51.on National citizens servicd, and by the end of the decade, we whll fund

:49:52. > :49:55.places for 300,000 on this life changing programme pioneered by my

:49:56. > :50:01.right on a wall friend the Prime Minister. Five years ago, 200

:50:02. > :50:06.schools were academies. Tod`y, 000 schools. Our goal is to complete the

:50:07. > :50:09.school revolution and help dvery secondary school become an `cademy,

:50:10. > :50:13.and I can announce that we will let sixth form colleges become `cademies

:50:14. > :50:19.so that they no longer have to pay VAT. We will make local authorities

:50:20. > :50:22.running schools a thing of the past, and this will help us save `round

:50:23. > :50:27.?600 million from the education and services grant. Mr Speaker, I can

:50:28. > :50:34.tell the House that as a result of this pending review, not only is

:50:35. > :50:37.terms, but the total financhal supporter education, includhng

:50:38. > :50:40.childcare and our extended further and higher educational loans, will

:50:41. > :50:45.increase by ?10 billion. Th`t is a real terms increase in educ`tion,

:50:46. > :50:50.too. Something else I can tdll the House. We are going to phasd out the

:50:51. > :50:56.arbitrary and unfair school funding system...

:50:57. > :50:59.CHEERING Under the current arrangements, a

:51:00. > :51:03.child from a disadvantaged background in one school can receive

:51:04. > :51:07.half as much funding as a child in identical circumstances in `nother

:51:08. > :51:11.school. In its place, we were introduced a new national ftnding

:51:12. > :51:14.formula, and I commend to the many MPs from all parties who have

:51:15. > :51:22.campaigned for them any years to see this day come. It will be started to

:51:23. > :51:26.be introduced from 2017, and the Education Secretary will consult in

:51:27. > :51:29.the New Year. Education continues in our further education colleges and

:51:30. > :51:33.universities, and so do our reforms. We will not cut core adult skills

:51:34. > :51:40.funding for every colleges. We will protected in cash terms. I `nnounce

:51:41. > :51:45.that we would replace an sttdent maintenance grants with larger

:51:46. > :51:48.student loans. That saves us over ?2 billion year in the Spending Review,

:51:49. > :51:53.into means we can extend support to students who have never before had

:51:54. > :51:55.government help. Today I can announce that part-time students

:51:56. > :52:00.will be able to receive maintenance loans, helping some of our poorest

:52:01. > :52:02.students. We will also for the first time provide tuition fee lo`ns for

:52:03. > :52:08.those studying higher skills in Effie Gray and extend loans to all

:52:09. > :52:13.postgraduate students. -- in further education. An extra 200,000 students

:52:14. > :52:21.will benefit from this extr` support I'm announcing today. The

:52:22. > :52:25.apprenticeship programme, in the last Parliament we more than double

:52:26. > :52:30.the number of Britons to 2 lillion. By 2020 we want to see 3 million

:52:31. > :52:33.apprentices, and to make sure they are high quality apprenticeships, we

:52:34. > :52:36.will increase the funding pdr place, and the Business Secretary will

:52:37. > :52:42.create a new business led body to set the standards. As a restlt, we

:52:43. > :52:46.will be spending twice as mtch on apprenticeships by 2020 compared to

:52:47. > :52:49.when we came to office. To dnsure large businesses share the cost of

:52:50. > :52:55.trained workforces, I announced in the budget that we will introduce a

:52:56. > :53:03.new apprenticeship levy, and today I set the rate at 0.5%. Every imply

:53:04. > :53:07.will receive a 15,000 pounddr last offset against the levy, whhch means

:53:08. > :53:16.that 98% of all employers and businesses with bills of lesson ?3

:53:17. > :53:19.million will pay no levy at all This will fund 3 million

:53:20. > :53:23.apprenticeships. With those paying it able to get out more than they

:53:24. > :53:27.put in, it is a huge reform to raise the skills of the nation and address

:53:28. > :53:33.one of the enduring weaknesses of the British economy.

:53:34. > :53:36.Mr Speaker, education and skills are the foundation of opportunity in our

:53:37. > :53:40.country. Next we need to help the poor into work. The number claiming

:53:41. > :53:47.and implement benefit has f`llen to just 2.3%, the lowest rate since

:53:48. > :53:52.1975. But we are not satisfhed that the job is done. We want to see full

:53:53. > :53:55.employment. So today we confirm we will extend the same support and

:53:56. > :54:01.conditionality we currently expect of those on Jaer say to over 1

:54:02. > :54:08.million more benefit claimants. -- to JSA. We will increase in real

:54:09. > :54:11.terms the help we provide to people with disabilities to help gdt them

:54:12. > :54:14.into work. This will all be delivered within the 14% savings

:54:15. > :54:20.made to the resource budget of the Department for Work and Pensions,

:54:21. > :54:23.included by reducing the size of the estate and collating job centres

:54:24. > :54:26.with local authority buildings. It is the way to save money whhle

:54:27. > :54:30.improving the front-line service we offer people, and providing more

:54:31. > :54:36.support for those who are the most vulnerable and most in need of our

:54:37. > :54:39.help. Mr Speaker, you can't say you are fearlessly tackling the most

:54:40. > :54:42.difficult social problems if you turn a blind eye to what gods on in

:54:43. > :54:48.our prisons and Criminal Justice Act the. My right honourable frhend the

:54:49. > :54:54.lawsuit Chancellor has workdd with the Chief Justice and others to

:54:55. > :54:58.transform our courts so thex are fit for the modern age. Underusdd courts

:54:59. > :55:02.will be closed, and I can announce today the money saved will be used

:55:03. > :55:06.to fund a ?700 million investment in new technology that will brhng

:55:07. > :55:13.further and permanent long-term savings and speed up the process of

:55:14. > :55:15.justice. Old Victorian prisons in our cities that are not suitable for

:55:16. > :55:20.rehabilitating prisoners will be sold. This will also bring long term

:55:21. > :55:26.savings and means we can spdnd over ?1 billion in this Parliament will

:55:27. > :55:28.then nine modern, new prisons. Today the transformation gets unddr way

:55:29. > :55:33.with the announcement that the Justice Secretary has just lade I

:55:34. > :55:38.can tell the House that Holloway prison, the biggest women's jail in

:55:39. > :55:41.Western Europe, will close. In the future, women prisoners will serve

:55:42. > :55:45.their sentences in more hum`ne conditions better designed to keep

:55:46. > :55:50.them away from crime. By selling these old prisons, we will create

:55:51. > :55:54.more space of a housing in our inner cities, for another of the great

:55:55. > :55:58.social failures of our age has been the failure to build enough houses.

:55:59. > :56:02.And in the end, spending reviews like this come down to choices about

:56:03. > :56:10.what your priorities are. I am clear in this Spending Review, we choose

:56:11. > :56:13.to build. Above all, we choose to build homes that people can buy

:56:14. > :56:17.because there is a growing crisis of home ownership in our country. 5

:56:18. > :56:22.years ago, around 60% of people under 35 owned their own hole. Next

:56:23. > :56:26.year it is set to be just h`lf that. We made a start on tackling this in

:56:27. > :56:31.the last Parliament, and with schemes like help to buy, the number

:56:32. > :56:34.of first-time buyers rose bx nearly 60%. But we haven't done ne`rly

:56:35. > :56:38.enough, so it is time to do much more. Today we set out our bold plan

:56:39. > :56:44.to back families who aspire to buy their own home. First, I am doubling

:56:45. > :56:48.the housing budget. Doubling it to ?2 billion a year.

:56:49. > :56:55.We will deliver with governlent help for hundred thousand afford`ble new

:56:56. > :56:59.homes by the end of the dec`de and affordable means not just affordable

:57:00. > :57:06.to rent but affordable to bty as well -- 400,000. That is thd biggest

:57:07. > :57:10.house-building programme by every -- any government since the 1970s,

:57:11. > :57:15.almost half of them will be starter homes sold at 20% of market value to

:57:16. > :57:21.young first-time buyers, 134,00 will be our brand-new help `bout

:57:22. > :57:25.shared ownership which will remove many of the restrictions on shared

:57:26. > :57:30.ownership, who can buy and who can build and who they can be sold to.

:57:31. > :57:33.The second part of the plan delivers on our manifesto commitment to

:57:34. > :57:39.extend the right to buy a housing association tenants. This starts

:57:40. > :57:42.with a new pilot and from mhdnight tonight, tenants in five Hotsing

:57:43. > :57:48.Association will be able to start the process of buying their own

:57:49. > :57:52.home. The third element involves accelerating housing supply, we are

:57:53. > :57:58.announcing further reforms to our planning system so it delivdrs more

:57:59. > :58:03.homes more quickly. We are releasing public land suitable for a 000, 00

:58:04. > :58:07.homes and redesignate the unused commercial land. Homes. We will

:58:08. > :58:12.extend loans for small builders regenerate rundown estate and

:58:13. > :58:16.deliver in absolute the first garden city in most centuries. The

:58:17. > :58:21.government will help address the housing crisis in our capit`l city

:58:22. > :58:27.with a new scheme London helped by. Londoners with a 5% deposit will be

:58:28. > :58:33.able to get an free loan -- when interest-free loan. My honotrable

:58:34. > :58:37.friend bought Richmond Park has been campaigning on this and tod`y we

:58:38. > :58:44.back him all the way. -- from Richmond Park. The fifth part of our

:58:45. > :58:49.housing plan addresses the fact that more and more homes are being bought

:58:50. > :58:54.as buy to let or second homds. Many of them are catch purchases that are

:58:55. > :59:02.not affected by the reductions are introduced in the budget on -- more

:59:03. > :59:06.do mortgage interest relief. People buying a home to let should not be

:59:07. > :59:10.squeezed at families who cannot afford a home to bite so I `m

:59:11. > :59:14.introducing new rate of Stalp Duty that will be 3% higher on the

:59:15. > :59:18.purchase of additional propdrties like buy to let and second homes. It

:59:19. > :59:22.will be introduced from next April and we will consult on the details

:59:23. > :59:28.so corporate property development is not affected. This extra St`mp Duty

:59:29. > :59:32.rate is almost ?1 billion bx 20 1 and will reinvest some of that money

:59:33. > :59:36.in local communities in London and places like Cornwall which `re being

:59:37. > :59:43.priced out of home ownership. The funds we raise will help buhld these

:59:44. > :59:49.new homes so this Spending Review delivers a doubling of the housing

:59:50. > :59:52.budget, 400,000 -- 400,000 new homes with extra support for London,

:59:53. > :59:58.estate regenerated, right to buy rolled out, paid for by a t`x on why

:59:59. > :00:00.to let and second home delivered by a Conservative government committed

:00:01. > :00:03.to helping working people who want to buy their own home, for we are

:00:04. > :00:13.the builders. The fourth and final objecthve of

:00:14. > :00:18.this Spending Review is nathonal security. On Monday the prile

:00:19. > :00:22.ministers set out to the hotse the strategic defence and securhty were

:00:23. > :00:26.duped. It commits us to spending 2% of our income on defence and how

:00:27. > :00:30.these resources will be used to provide new equipment for otr war

:00:31. > :00:35.fighting military, new capabilities for our special forces, new defences

:00:36. > :00:40.for our cyberspace and new investment in our remarkabld

:00:41. > :00:44.intelligence agencies. By 2020 21 comedy single intelligence `ccount

:00:45. > :00:49.will rise from two x 1 billhon to reach 2.8 billion and the btdget

:00:50. > :00:55.will rise from ?34 billion to ? 0 billion. Britain will also commit to

:00:56. > :00:59.spend 0.7% of national incole on overseas to element and we will

:01:00. > :01:03.reorientate that budget so we need our moral obligation to the world's

:01:04. > :01:06.poorest and help those in the fragile and failing states on the

:01:07. > :01:10.borders of Europe. It is overwhelmingly in our national

:01:11. > :01:16.interest that we do so. Our total overseas aid budget will increase to

:01:17. > :01:20.?16.3 billion by 2020. Brit`in is unique in the world in making these

:01:21. > :01:24.twin commitment to funding the hard power of military might and the soft

:01:25. > :01:28.power of international developer and and it enables us to protect

:01:29. > :01:32.ourselves, project our infltence and promote our prosperity. We do so

:01:33. > :01:35.ably supported by my right honourable friend the Foreign

:01:36. > :01:41.Secretary and our outstanding diplomatic service. To support them

:01:42. > :01:44.in our -- thereby thought work I am protecting in real terms thd budget

:01:45. > :01:51.of the Foreign and Commonwe`lth Office. Security starts at home Our

:01:52. > :01:55.police are on the front lind of the fight to keep us safe. In the last

:01:56. > :01:59.Parliament we make savings hn police budgets but thanks to the rdforms of

:02:00. > :02:03.my right honourable friend the Home Secretary and hard work of police

:02:04. > :02:07.officers, crime fell and thd number of neighbourhood officers increased

:02:08. > :02:11.for that reform must continte. We need to invest in new

:02:12. > :02:14.state-of-the-art mobile communications for our immediate --

:02:15. > :02:17.emergency services, introduce new technology on our borders and

:02:18. > :02:22.increased the counterterrorhsm budget by 30%. We should allow

:02:23. > :02:26.addicted Police and Crime Commissioners great that Fldx

:02:27. > :02:32.ability in keeping local prdcepts. And further savings can be lade in

:02:33. > :02:35.the police as different forces merge their back offices and shard

:02:36. > :02:41.expertise. We will provide ` new fund to help with this reform. I

:02:42. > :02:45.have had representations from the Shadow Home Secretary that police

:02:46. > :02:52.budgets should be cut by 10$. Now is not the time for further police

:02:53. > :02:56.cuts. Now is the time to back our police and give them the tools to do

:02:57. > :03:02.the job. I am today announchng there will be no cuts in the police budget

:03:03. > :03:10.at all... CHEERING There will be real terms protection

:03:11. > :03:16.for police funding. Mr Speaker. . CHEERING

:03:17. > :03:23.The police protect us and wd are going to protect the police

:03:24. > :03:29.CHEERING Five years ago, when I presdnted my

:03:30. > :03:34.first Spending Review, the country was on the brink of bankruptcy and

:03:35. > :03:38.our economy was in crisis. We took the difficult decisions back then

:03:39. > :03:43.and five years later I report on an economy growing faster than its

:03:44. > :03:48.competitors, and public fin`nces set to reach a surplus of ?10 bhllion.

:03:49. > :03:53.Today we have set out the ftrther decisions necessary to build this

:03:54. > :03:56.country's future, sometimes difficult, yes, but decisions that

:03:57. > :04:01.build the great public servhces families rely on, the infrastructure

:04:02. > :04:05.and homes people need, stronger defences against those who threaten

:04:06. > :04:06.our way of life and willed the strong public finances upon which

:04:07. > :04:11.all these things depend. We were all these things depend. We were

:04:12. > :04:18.elected as a 1 nation government, today we deliver the Spending Review

:04:19. > :04:24.of a 1 nation government. The garden -- guardians of economic security,

:04:25. > :04:30.the protectors of national security, the builders of our better future,

:04:31. > :04:32.this government, the mainstream representatives of the workhng

:04:33. > :04:58.people of Great Britain. CHDERING Thank you, Mr Speaker. Like me, you

:04:59. > :05:01.will have witnessed many Autumn Statement 's and statements by the

:05:02. > :05:09.Chancellor of the Exchequer. And you know that there is such a thing as

:05:10. > :05:12.the iron law of Chancellor's statements and that is that the

:05:13. > :05:16.louder the cheers for the statement on the day, the greater the

:05:17. > :05:24.disappointment by the weekend when the analysis goes in. From what we

:05:25. > :05:30.have heard today, we don't need until the weekend for this statement

:05:31. > :05:35.to fall apart. Over the last five years there has barely been a target

:05:36. > :05:41.the Chancellor as set he has not missed or ignored. Five years ago,

:05:42. > :05:44.the newly elected Chancellor and the Prime Minister came to this house

:05:45. > :05:52.and warned us that because of the dire economic situation our country

:05:53. > :05:56.faced, what was needed was five year programme of austerity meastres job

:05:57. > :06:03.cuts, wage freezes and cuts in public services. But we werd

:06:04. > :06:14.promised specifically by thhs Chancellor that by today, the

:06:15. > :06:23.deficit would be eliminated. And debt would be under control. And

:06:24. > :06:29.falling dramatically. Peopld put their trust in that commitmdnt.

:06:30. > :06:37.Order. I said earlier that the Prime Minister would be hurt, the Shadow

:06:38. > :06:42.Chancellor will be heard too. If people think they are being clever

:06:43. > :06:47.shouting their heads off, don't bother trying to ask a question try

:06:48. > :06:54.to at least have the sense to realise the complex between the two.

:06:55. > :07:01.-- conflict. The Prime Minister also assured us that sacrifices had to be

:07:02. > :07:09.made and we were all in it together. Five years on, can I just s`y, that

:07:10. > :07:14.the Chancellor has some front to come to this house and talk to us

:07:15. > :07:23.about deficit? The lecture ts about deficit reduction. Today is the day

:07:24. > :07:29.when the Chancellor was supposed to announce austerity was over, the

:07:30. > :07:32.deficit was done. From what we have heard, I think they will fedl

:07:33. > :07:38.absolutely betrayed because the reality is this: After five years,

:07:39. > :07:45.the deficit has not been elhminated and this year is predicted to be

:07:46. > :07:51.over ?70 billion. Instead of taking five years to eliminate the deficit

:07:52. > :07:57.as he promised, it will takd ten. And debt to GDP will not be the 69%

:07:58. > :08:03.he promised five years ago, as he said today, it will be 82.5$. We are

:08:04. > :08:17.now potentially to bequeath our children a debt of 1.5 trillion

:08:18. > :08:27.Their debt. Their debt. The Chancellor... The Chancellor

:08:28. > :08:33.continues... Members on both sides are still shouting their he`ds off,

:08:34. > :08:36.it is very down market, it hs very low-grade and widely deprec`ted by

:08:37. > :08:42.the public. How it is that people think it is legitimate to bdhave in

:08:43. > :08:47.that way and tried to reconnect with the electorate disillusioned with

:08:48. > :08:50.politics is just bizarre and if some people are so unintelligent that

:08:51. > :08:56.they cannot grasp the point, I pity them. After five years as

:08:57. > :09:01.Chancellor, with that level of debt, there is nobody else for hil to

:09:02. > :09:05.blame. There is only so long you can blame past governments. There is no

:09:06. > :09:12.more excuses for this Chancdllor after five-year is. We were also

:09:13. > :09:16.promised that if sacrifices had to be made to tackle the deficht, not

:09:17. > :09:23.to worry, we were all in thhs together. No, we are not. 84% of the

:09:24. > :09:28.money saved from tax and benefit cut in the last Parliament came directly

:09:29. > :09:35.out of women's pockets. Dis`bled people were hit 18 times harder than

:09:36. > :09:45.anybody else. 4.1 children now live in absolute poverty, an increase of

:09:46. > :09:51.500,000 from 2009-10. And the fiasco over tax credits demonstratdd once

:09:52. > :09:57.and for all that we were not in this together. At the same time `s the

:09:58. > :10:01.Chancellor was planning to cut tax credits to working families, the cut

:10:02. > :10:08.inheritance taxes for some of the wealthiest families in this country.

:10:09. > :10:13.-- the cut. When they were first elected they were attacked for being

:10:14. > :10:18.posh boys. I disagreed with that strongly. It was unfair. People

:10:19. > :10:22.don't choose what class thex are born into all the wealth thdy

:10:23. > :10:28.inherit. Nevertheless, if you are fortunate to have wealth or good

:10:29. > :10:32.incomes, like all MPs, the onus is on us to take particular care when

:10:33. > :10:37.you're taking decisions abott the lives of those less fortunate than

:10:38. > :10:40.yourselves. What has shocked and angered many not just in thhs house

:10:41. > :10:44.but across the country is the way in which there was no attempt by the

:10:45. > :10:52.Chancellor to understand thd effects of the decision to cut tax credits.

:10:53. > :10:59.For many families, it would have been a choice between children being

:11:00. > :11:04.able to go on that school trip like other children or having a decent

:11:05. > :11:11.Christmas or a winter coat. Today the Chancellor has been forced into

:11:12. > :11:16.a U-turn on tax credits. And I want to congratulate the members in this

:11:17. > :11:20.house on all sides who have made this happen. I want to congratulate

:11:21. > :11:23.the members in the other hotse as well. I am glad he has listdned to

:11:24. > :11:33.Labour and seen sense. But as ever with this Chancdllor, we

:11:34. > :11:40.await further clarification on the details. Particularly if thd limit

:11:41. > :11:46.to two children remains. And we are aware of the impact on Univdrsal

:11:47. > :11:49.Credit. It appears that the 14, 00 families already on Univers`l Credit

:11:50. > :11:52.will still suffer the full cut, and all families that will newlx

:11:53. > :12:00.qualified that tax credits will suffer the full cut, so this is not

:12:01. > :12:04.a full and fair reversal as we pleaded for. And the Chancellor

:12:05. > :12:11.remains committed to ?12 billion of welfare cuts over the coursd of this

:12:12. > :12:15.Parliament. We know where they will fall, on the most vulnerabld, the

:12:16. > :12:22.poorest and those just struggling to survive. Some believe that the

:12:23. > :12:28.Chancellor is using the defhcit and austerity to reshape the role of the

:12:29. > :12:34.British state. That this is some well thought through Machiavellian

:12:35. > :12:41.scheme. I don't any more. I don t. I'm convinced that this is sheer

:12:42. > :12:53.economic illiteracy built upon incompetence. Today, only four weeks

:12:54. > :12:59.ago, he brought to this House the charter for fiscal responsibility.

:13:00. > :13:04.An essential part of that w`s adherence to his welfare cap, which

:13:05. > :13:11.we supported. Today he's broken his own welfare cap. And let me say what

:13:12. > :13:17.he has said four. He said hhmself, introducing the cat last ye`r,

:13:18. > :13:23.breaking it would be, and I quote, a failure of public spend to control.

:13:24. > :13:28.On his own terms and in his own language condemned. The Govdrnment

:13:29. > :13:38.is cutting today and not investing in the future. He is putting us all

:13:39. > :13:42.at future risk. Let me say this I want to congratulate the honourable

:13:43. > :13:51.member for leave the campaign on cut which has forced the U-turn. We

:13:52. > :13:58.don't forget, though. We don't forget, though. Mr Speaker, we don't

:13:59. > :14:04.forget, though, we face the highest level of risks from terrorist attack

:14:05. > :14:11.in a generation. But we havd already lost 17,000 police officers under

:14:12. > :14:18.the cuts of this government. We know that the first line of intelligence

:14:19. > :14:22.collection and response are the local police officers in a

:14:23. > :14:32.community. So we claim todax as another Labour victory. Let me say

:14:33. > :14:38.also, there are concerns now about the impact of the local council cuts

:14:39. > :14:45.and freezes in expenditure on other emergency services. We feel for the

:14:46. > :14:53.people's safety as more firefighters' jobs are cut `nd fire

:14:54. > :14:56.stations closed. In health, the Chancellor is frontloading part of

:14:57. > :15:02.the additional ?8 billion of funding. In reality, this whll only

:15:03. > :15:05.plug some of the gap in the huge deficits health trusts are

:15:06. > :15:12.reporting, but the Government is also relying upon ?22 billion worth

:15:13. > :15:17.of unrealistic savings to bd found. The extra money seems to be coming

:15:18. > :15:22.from nurses' training, the public health budget and other aspdcts of

:15:23. > :15:26.local authority support arotnd care. This will be a false economx which

:15:27. > :15:33.will simply cause more burddns to fall on the NHS. All the signs are

:15:34. > :15:37.that we are facing a massivd winter crisis on the NHS, and yet `gain we

:15:38. > :15:44.will have to rely upon our professional dedication of our

:15:45. > :15:48.staff. The Health Secretary refusing to go to ACAS to settle the junior

:15:49. > :15:59.doctors dispute is no way to maintain the morale amongst our NHS

:16:00. > :16:06.professionals. One of the greatest scandals under this Chancellor has

:16:07. > :16:11.been the attack on social c`re. 3000 beds have been lost already, and

:16:12. > :16:16.according to the Association of directors of adult services, the

:16:17. > :16:20.care precept, that it was announced by the Chancellor, is not ndarly

:16:21. > :16:25.enough to fill the funding gap this Government has created. The result

:16:26. > :16:30.is that some of the most vulnerable people in our society will be at

:16:31. > :16:35.risk, and more people will be forced to resort to their local hospital

:16:36. > :16:39.for their care. We also know much more about the scale of people's

:16:40. > :16:43.suffering from mental health problems, and we welcome thd

:16:44. > :16:49.additional funding today devoted to mental health. But it is no use

:16:50. > :16:51.funding through the health service for mental health support when local

:16:52. > :16:58.authority support is being cut as a result of this settlement. Lore

:16:59. > :17:01.people will be left vulnerable. In education, the Government claims

:17:02. > :17:05.that school budgets will be protected, but let me say this. We

:17:06. > :17:09.fear that the Government will use the new funding formula to take away

:17:10. > :17:10.from the tuple who most need it the most deprived.

:17:11. > :17:27.# The -- the pupils. In today's statement,

:17:28. > :17:31.the Chancellor has announced that there will be a settlement that

:17:32. > :17:35.restricted to cash protection. In effect what that means is shxth

:17:36. > :17:40.forms and further education colleges will be under threat, at risk of

:17:41. > :17:45.closure around the country. And just at a time when the economy hs crying

:17:46. > :17:48.out for a skilled, educated workforce, the Government is denying

:17:49. > :17:54.access to young people to the local courses to they need. And whth

:17:55. > :17:59.regard to childcare announcdd today, we note it is delayed yet again

:18:00. > :18:08.another two years. Another delay in the commitment given. The

:18:09. > :18:11.Chancellor's much vaunted policy on house-building is cobbled together

:18:12. > :18:15.from reheated promises from the past, the vast majority havd already

:18:16. > :18:20.been announced. The Tories should be judged by their actions, not their

:18:21. > :18:25.words. The Chancellor's first act in office was to slash housing

:18:26. > :18:29.investment by 60%. His plans today can still mean 40% less to build the

:18:30. > :18:35.homes we need compared to the investment programme he inhdrited

:18:36. > :18:40.from Labour. House-building now as a result remains at the lowest in

:18:41. > :18:47.peace time in peacetime levdls since the 1920s. And as the honourable

:18:48. > :18:50.member for Wakefield said this money, if hot-air built homds, the

:18:51. > :18:59.Conservative Ministers would have sold -- solved our housing crisis. I

:19:00. > :19:02.worry that the vast majoritx of young people hoping to new homes

:19:03. > :19:08.will be disappointed by the Chancellor's failure to delhver His

:19:09. > :19:14.record on building anything so far does not inspire confidence at all.

:19:15. > :19:17.Over the last year he has forced in self onto building sites all around

:19:18. > :19:25.the country to secure a photo with a high viz jacket. When he did his Bob

:19:26. > :19:28.the builder speech at Tory party conference, what he didn't talk

:19:29. > :19:34.about was his abysmal buildhng record. Only 9% of the projdcts that

:19:35. > :19:40.have started under his infrastructure planning two years.

:19:41. > :19:47.Three years on, only 9% havd signed up. In 2011 he announced a ?20

:19:48. > :19:52.billion infrastructure platform but four years on, only 1 billion of

:19:53. > :19:57.commitment has been secured. The construction industry is shrinking

:19:58. > :20:02.and going into recession thhs year. He has also failed to invest in

:20:03. > :20:05.skills. The Royal Institute of chartered surveyors says thd biggest

:20:06. > :20:08.infrastructure programmes could grind to a halt unless the

:20:09. > :20:14.Government adopts new measures to tackle the skills and funding. And

:20:15. > :20:17.the most ironic cut of all lust be the virtual close of large sections

:20:18. > :20:24.of the Department for Busindss, Innovation and Skills. Therd are

:20:25. > :20:28.146,000 unfilled vacancies due to a lack of skilled workforce, so

:20:29. > :20:33.naturally, the Government solution is to move to effectively close the

:20:34. > :20:40.one department tasked with hncluding skill levels. On the environment,

:20:41. > :20:44.the Government has announced today various measures, but let's be

:20:45. > :20:48.clear. Government Ministers can go to the Paris summit on clim`te

:20:49. > :20:56.change with a proud record of nearly killing off our once flourishing

:20:57. > :20:59.solar renewable energy sector. An international aid, the budgdt is

:21:00. > :21:06.supposedly protected, but is now to be raided the defence spendhng. In

:21:07. > :21:10.defence, the Government has devious decommissioned and aircraft carriers

:21:11. > :21:16.last year. A few years ago, they at least woke up to the fact that they

:21:17. > :21:20.needed aircraft as well. But the funding is to come from ?11 billion

:21:21. > :21:24.of cuts, with the inevitabld loss of thousands of defence worker jobs.

:21:25. > :21:31.Those specialist skills will be lost forever. Alongside these cuts and

:21:32. > :21:38.many more, to help dig himsdlf out of the financial hole he has got

:21:39. > :21:43.himself into, the Chancellor is selling off whatever public asset

:21:44. > :21:46.SECAM. This is no longer thd family silver up for sale, this is the

:21:47. > :21:54.furniture, the fixtures and fittings. We know who is thd first

:21:55. > :21:58.in line to buy. I never envhsaged that when it came to nation`lising I

:21:59. > :22:04.would be outdone by a concerted Chancellor. The only differdnce is

:22:05. > :22:07.that I would like to bring services like rail back under the control of

:22:08. > :22:11.the British people, and the Chancellor wants to sell thdm to the

:22:12. > :22:14.People's Republic of China. Nationalisation is OK for hhm as

:22:15. > :22:27.long as it is by any other state but ours. To assist ComRes Osborne -

:22:28. > :22:35.comrade Osborne in his dealhngs I have brought along Mao's Little Red

:22:36. > :22:43.Book. The Speaker: Order! I want to hear

:22:44. > :22:51.about the content of the book! I think you will find this

:22:52. > :22:55.invaluable. This is rather excitable! Mr

:22:56. > :23:03.McDonald. I thought this would help hhm. This

:23:04. > :23:14.quote. Rarely done in this chamber! The quote is this: " We must learn

:23:15. > :23:19.to do economic work from all who know how, no matter who thex are. We

:23:20. > :23:23.must esteem them as teachers, learning from them respectftlly and

:23:24. > :23:28.conscientiously. But we must not pretend to know what we do not know.

:23:29. > :23:41." I thought it would come in handy for him in his new relationship Mr

:23:42. > :23:48.Speaker, I'm sure in this ddbate... SHOUTING.

:23:49. > :23:51.I'm sure that Tory backbenchers will be under instruction to shodhorn

:23:52. > :23:54.into their speeches at everx opportunity references to the

:23:55. > :23:59.mythical long-term economic land. What we have been presented with

:24:00. > :24:05.today is not an economic land for a political fix. It is not a plan when

:24:06. > :24:09.you ridiculously commit yourself to an achievable policies and leave

:24:10. > :24:12.yourself no room to manoeuvre. It is not a plan when you sell off every

:24:13. > :24:17.long-term asset you have short-term gain. It is not a plan when you

:24:18. > :24:22.leave important industries to go to the wall as they have done with

:24:23. > :24:25.steel. And it is not a plan when you cut the support for those in work

:24:26. > :24:30.and leave working families to rely upon food banks. And it is not a

:24:31. > :24:34.plan when you force councils up and down the land to close the very

:24:35. > :24:38.services that people depend upon. And it is not a plan when you invest

:24:39. > :24:41.so little in skills and infrastructure that you put our

:24:42. > :24:46.future at risk. Instead, wh`t we have seen today as the launch of a

:24:47. > :24:52.manifesto for the Conservathve leadership election. Our long-term

:24:53. > :24:57.economic security is being sacrificed for the benefit of one

:24:58. > :25:06.man's career. I say to the honourable member for me he`d -

:25:07. > :25:08.Maidenhead, and the honourable member for Uxbridge, don't worry.

:25:09. > :25:13.The economic reality that is emerging in our economy will mean

:25:14. > :25:15.that this will be seen as the apex of the Chancellor's career. The

:25:16. > :25:29.honourable member for Uxbridge. . The honourable member for Uxbridge,

:25:30. > :25:35.who exudes classical references in his speech, will recognise hn the

:25:36. > :25:41.Chancellor Icarus, the boy who flew too close to the sun and burned I

:25:42. > :25:45.fear that for the Chancellor, it is all downhill from here. But on this

:25:46. > :25:48.side of the House, we will do all we can to ensure that he doesn't take

:25:49. > :25:53.this economy and country down with him. In the end, this debatd is

:25:54. > :26:01.about what sort of society we want to live in. In the end, this debate

:26:02. > :26:06.is about what sort of society we want to live in. The Governlent is

:26:07. > :26:09.systematically dismantling `ll those aspects of our society that make our

:26:10. > :26:14.community worth living in and celebrating. The Chancellor is not

:26:15. > :26:19.just cutting our services today he is selling off our future. But there

:26:20. > :26:23.is an alternative, and our alternative will be that we will

:26:24. > :26:31.eliminate the deficit but wd will do it fairly and effectively. We will

:26:32. > :26:36.do it by ensuring that we end the tax cuts to the rich. We tackle tax

:26:37. > :26:41.evasion and avoidance and wd invest to grow. And we will grow otr

:26:42. > :26:46.economy on the basis of the investment in skills and

:26:47. > :26:50.infrastructure. We will become an addition to the financial cdntre of

:26:51. > :26:53.Europe with research in scidnce and technology, we will become the

:26:54. > :27:01.technology centre of Europe under a Labour Government. And that means

:27:02. > :27:05.high skills, high investment, high wages, that is what we are committed

:27:06. > :27:07.to on this side, and that is what we will secure when we returned to

:27:08. > :27:21.office! So the Shadow Chancellor literally

:27:22. > :27:38.stood at the dispatch box and read out from Mao's Little red book!

:27:39. > :27:42.Look, it's his personal signed copy! The problem is, half the Sh`dow

:27:43. > :27:48.Cabinet have been sent off to re-education! People treat this

:27:49. > :27:53.Labour leadership is a joke, they are actually a deadly threat to the

:27:54. > :28:00.economic and national securhty of this country. He comes here to

:28:01. > :28:04.complain that the deficit and the debt are too high and yet hd wants

:28:05. > :28:09.to increase the deficit and increase the debt and borrow for ever. The

:28:10. > :28:13.problem is he would borrow hn good times because he says the country

:28:14. > :28:17.can afford it, in bad times because they can't afford not to cole and he

:28:18. > :28:25.would always be borrowing money And how does he afford it? Becatse his

:28:26. > :28:34.policy, and I quote, " can readily be funded by printing money. " He

:28:35. > :28:39.said he would end the Bank of England's control over interest

:28:40. > :28:42.rates and he called it the people's quantitative easing. That is called

:28:43. > :28:47.deficit financing and it has only been tried in the Weimar Republic

:28:48. > :28:53.Germany and Zimbabwe and it would lead to the economic ruin of this

:28:54. > :28:58.country. And the chief advisor to the Labour leadership on thd economy

:28:59. > :29:04.says it would cost a sterling crisis but the sterling crisis would pass

:29:05. > :29:07.very quickly. He talks about our support for business and defence

:29:08. > :29:13.industries, he is a threat to the free market in this country. He

:29:14. > :29:16.wants to literally take control of the commanding heights of the

:29:17. > :29:19.economy, his manifesto is about nationalising industries, hd wants

:29:20. > :29:24.to nationalise the whole banking system as if the last Labour

:29:25. > :29:34.government didn't do a good enough job nationalising half of it. At the

:29:35. > :29:41.weekend he said that his policy he said it was socialism with `n iPad.

:29:42. > :29:46.If the Socialists build an hPad it would weigh a tonne, it would be

:29:47. > :29:55.impossible to use them one would design any programmes for it, it

:29:56. > :29:59.would literally be appless. He has the temerity to get up and talk

:30:00. > :30:03.about defence industry jobs and the police. He has spent his entire

:30:04. > :30:11.career attacking the police forces of this country. Calling on them to

:30:12. > :30:14.be disarmed. He sent me a ldtter saying that I should fund the

:30:15. > :30:21.Security service and then it turns out he has been campaigning to

:30:22. > :30:24.disband MI5. He says he is on the side of the British Army but he has

:30:25. > :30:33.been sharing platforms with the Irish Republican Army. That is the

:30:34. > :30:39.truth. Let me end by saying this, where is he going this evenhng? He

:30:40. > :30:43.is travelling to Waltham Forest to support the new hard left mdmbers of

:30:44. > :30:49.the Labour constituency Labour Party that you are trying to deselect the

:30:50. > :30:56.honourable lady for Walthamstow He is addressing a rally called Keep Up

:30:57. > :31:01.The Momentum. If he was in charge of this country do we know where the

:31:02. > :31:06.momentum would be, in one dhrection, growth down, jobs down, the security

:31:07. > :31:10.of the country destroyed. In the last three months, he and hhs

:31:11. > :31:13.friends have taken control of one of the great institutions of otr

:31:14. > :31:18.political democracy, the Labour Party, and brought it to its knees.

:31:19. > :31:22.That is their business. On this side of the house we will make stre they

:31:23. > :31:25.never get their hands on anx of the other institutions of the country

:31:26. > :31:34.and we keep our country safd. CHEERING

:31:35. > :31:38.Mr Kenneth Clarke. Could I congratulate my right honourable

:31:39. > :31:41.friend on sticking unswervingly despite recent difficulties to his

:31:42. > :31:46.commitment to a balanced budget over the cycle and answering the fears of

:31:47. > :31:52.some of us by sticking to the aim of a modest surplus on the budget if

:31:53. > :31:58.the economic cycle remains strong. Will he reinforce the argumdnt that

:31:59. > :32:03.that is an absolutely essential precondition to our building a

:32:04. > :32:07.modern, sustainable economy in this country, able to withstand such

:32:08. > :32:16.shocks as the global economx will send at us? And as the cheers died

:32:17. > :32:22.down, and as people fall upon the detail, will he tell a responsible

:32:23. > :32:26.majority which ought to exist in this house and in the House of Lords

:32:27. > :32:32.that no Chancellor acting in the national interest could possibly

:32:33. > :32:37.produce a budget that had no reductions in public spending and no

:32:38. > :32:41.increases in revenue? We don't want a repeat of the utterly

:32:42. > :32:49.irresponsible reversal of ?4 billion a year savings which were m`de in

:32:50. > :32:55.his earlier budget. Can I thank my right honourable friend? He is

:32:56. > :33:00.absolutely right, we don't know in this country what economic storms

:33:01. > :33:06.lie ahead but we certainly know that we have not abolished boom `nd bust

:33:07. > :33:11.in this country, we had to prepare for what the world throws at us If

:33:12. > :33:16.after nine or ten years of growth you are not running a budget

:33:17. > :33:20.surplus, when would you ever run it? We are taking sensible steps to

:33:21. > :33:24.build up that surplus and p`y down our debts which of course h`ve

:33:25. > :33:29.reached dangerously high levels because of the large deficit we ran

:33:30. > :33:34.over recent years. Those ard the steps we are taking and he hs right

:33:35. > :33:38.about the lobby groups. The best way to have great public servicds is to

:33:39. > :33:42.have sustainable public fin`nces and we know to our cost what happens

:33:43. > :33:46.when those public finances `re not sustainable, the people who suffer

:33:47. > :33:49.are the most vulnerable and those least advantaged. That is why we

:33:50. > :33:57.have taken the steps to protect them today. Mr Frank Field. When the

:33:58. > :34:03.Chancellor came to his statdment about tax credits, I assumed it was

:34:04. > :34:07.good news as it was quickly overwhelmed by cheers on his own

:34:08. > :34:13.side for the cab I thank hil for the good news? I did hear him Prevacid

:34:14. > :34:17.those remarks by saying he was still in listening mode. Does he `ccept

:34:18. > :34:24.that when tax credits were devised and shaped, we were not movhng in an

:34:25. > :34:30.economy towards a National Living Wage? Might I ask him to continue in

:34:31. > :34:34.that listening mode so that by 020 we could have a tax credits system

:34:35. > :34:41.that reflect the new world of higher wages? I want to thank The Right

:34:42. > :34:45.Honourable gentleman who I thought made a very sensible and

:34:46. > :34:50.constructive interventions on this debate in recent weeks and hndeed

:34:51. > :34:55.the members of his select committee I think took their task verx

:34:56. > :35:01.seriously. Over this Parlialent tax credits are largely being phased out

:35:02. > :35:04.as we move to a simpler and better Universal Credit. People ard

:35:05. > :35:08.protected in the transition to that but as he says, at the same time we

:35:09. > :35:12.are actually reducing the proportion of people's income that will come

:35:13. > :35:16.from welfare payments because more will come from the wages pahd by

:35:17. > :35:20.their employers and I don't think we should be supporting and subsidising

:35:21. > :35:24.low pay as we have in the p`st through the tax credit systdm. What

:35:25. > :35:29.is happening through the ph`sing out, the introduction of Unhversal

:35:30. > :35:32.Credit and the reforms annotnced at the Summer Budget, including

:35:33. > :35:39.limiting support in future to only families with two children, I think

:35:40. > :35:44.are creating a fairer systel that is fairer to the taxpayer. A kdy

:35:45. > :35:48.judgment that the Chancellor has had to make is how much to cut the

:35:49. > :35:53.deficit and with the Euro crisis and resolved, the Chinese econoly more

:35:54. > :35:58.fragile, the Middle East unstable and the US likely to raise rates

:35:59. > :36:04.shortly, wasn't the Chancellor agree that with all those risks it would

:36:05. > :36:07.not just be imprudent but extremely dangerous not to have reducdd the

:36:08. > :36:15.deficit now while the opportunity is there? We can never rely on

:36:16. > :36:20.forecasts. Will he confirm that the OBR's sensitivity analysis, which I

:36:21. > :36:23.have only looked at briefly, towards the back of their report,

:36:24. > :36:29.demonstrates clearly that any future downturn on the public finances

:36:30. > :36:35.would require further entrenchment as a consequence and is therefore

:36:36. > :36:40.essential we take every opportunity to tighten the finances now while we

:36:41. > :36:47.have that chance. He is absolutely right. As an economy, we have been

:36:48. > :36:50.growing faster than most of the advanced economies in the world If

:36:51. > :36:54.you are not able to get your deficit falling and your debt falling in

:36:55. > :36:57.that situation, you are signalling to the world that you will never try

:36:58. > :37:01.to bring your finances under control. We have debt falling in

:37:02. > :37:06.every year of this forecast and lower than forecast at the budget,

:37:07. > :37:10.the deficit falling as well, overall borrowing is lower over this

:37:11. > :37:16.forecast than the one I produced in the Summer Budget. Preciselx so we

:37:17. > :37:20.take these steps to pay down our debt, our national debt at 80% of

:37:21. > :37:24.national income is uncomfortably high and it doesn't necessarily give

:37:25. > :37:28.us the flexibility you would want if we were to be hit by some khnd of

:37:29. > :37:35.external shock soap all the more reason we use these better times to

:37:36. > :37:38.pay down that debt. I was intrigued that the Tory backbenches cheered

:37:39. > :37:43.the humiliating U-turn on t`x credits cover it seems barely three

:37:44. > :37:49.or four weeks ago they were cheering on and voting for the emperor

:37:50. > :37:54.meditation of tax credits. But times move on and things change, the

:37:55. > :37:57.genesis of this statement w`s the decision is announced last xear when

:37:58. > :38:03.the Chancellor suggested he wanted to see public spending reduced the

:38:04. > :38:07.barely 35% of GDP by the end of this Parliament. That was adjustdd to

:38:08. > :38:11.just over 36% in the Summer Budget at the direction of travel, the

:38:12. > :38:16.shrinking of services provided by the state, was very clear. Ht was

:38:17. > :38:21.set in stone with the fiscal charter earlier this year with the hntention

:38:22. > :38:30.to run ?840 billion a year current account surplus by 2019-20 ,- a ?40

:38:31. > :38:35.billion. He now only wants to shrink the size of the state to dirty .5%

:38:36. > :38:42.of GDP but intends to run a current account surplus of 42 billions

:38:43. > :38:49.pounds. Can we be clear, we have not routinely seen spending in the UK at

:38:50. > :38:56.36, 30 7% GDP since the 1930s and 40s. The ideology of the Ch`ncellor

:38:57. > :39:01.has not changed. In essence, he still intends to cut more than 40

:39:02. > :39:05.billion a year that he needs to to run a current account budget

:39:06. > :39:11.imbalance by the end of this Parliament. Notwithstanding the

:39:12. > :39:17.humiliating U-turn on tax credits, this is a government who added 7

:39:18. > :39:26.billion of cuts and tax risds in the Summer Budget to the 121 billion in

:39:27. > :39:32.the last Parliament. 18 billion announced in the Green book today

:39:33. > :39:36.and he was very clear that the 2 billion of welfare cuts rem`ined on

:39:37. > :39:42.the table. Even after today, the public are facing a decade of

:39:43. > :39:47.austerity and these are polhtical choices. They ignore the fiscally

:39:48. > :39:52.responsible alternative course of action which, with a very modest

:39:53. > :39:57.increase in public expendittre would have ensured nobody was left behind.

:39:58. > :40:02.This government is not one for working people, nothing said can

:40:03. > :40:05.camouflage the failure of the past five years and the Chancellor's

:40:06. > :40:13.statement merely confirms that making the stain mistakes all over

:40:14. > :40:18.again -- they are making. Wd saw the impact on GDP growth of rishng

:40:19. > :40:23.inequality and the continuation of this austerity agenda represents a

:40:24. > :40:29.wilful disregard, failure to learn the lessons of the recent p`st. The

:40:30. > :40:33.Chancellor may not care abott inequality of a million people

:40:34. > :40:38.receiving food parcels comp`red to barely 35,005 or six years `go, that

:40:39. > :40:44.they should care about the hmpact on economic growth. Let me ask him some

:40:45. > :40:49.specific questions. We have been concerned for some time abott the

:40:50. > :40:54.failure to increase producthvity, he knows the UK sits down in the third

:40:55. > :41:00.quartile of advanced economhes. How does a 17% cut to the busindss

:41:01. > :41:03.department help support firls seeking to increase producthvity? We

:41:04. > :41:06.have been concerned about the negative balance of trade, `

:41:07. > :41:13.situation which worsened between the spring and Summer Budget forecasts.

:41:14. > :41:17.And would impact for every xear published today is still negative.

:41:18. > :41:23.How does the absence of a plan to encourage exports and a further cut

:41:24. > :41:27.to the UK to TI budget help at all reverse the dire balance of trade

:41:28. > :41:32.position? We share his concdrn to protect growth and tax yields and

:41:33. > :41:39.close the tax gap so how dods the closure of 100 30s HMRC offhcers

:41:40. > :41:44.possibly do anything other than weaken the ability of the rdvenue to

:41:45. > :41:49.collect the tax due? He did say that the UK would take its fight to its

:41:50. > :41:53.enemies but he omitted to mdntion action in Syria. Should the

:41:54. > :41:57.government had the vote thex want over the next few weeks, can he tell

:41:58. > :42:03.us how much he plans to set aside for the reconstruction and

:42:04. > :42:09.stabilisation of Syria after any military intervention is ovdr?

:42:10. > :42:15.We remain as concerned as hd does about the failure to investhng

:42:16. > :42:19.capital. It is imperative to boost economic growth, so we do wdlcome

:42:20. > :42:23.the increase in capital spending announced today, but can I say to

:42:24. > :42:26.the Chancellor, cuts last whnter, increases in the spring, cuts in the

:42:27. > :42:34.summer, increases in the autumn this is a shambles of a way plan

:42:35. > :42:39.long-term. In Scotland, we saw cuts to revenue and capital over the last

:42:40. > :42:43.Parliament, confirmation today there will be further real terms cuts to

:42:44. > :42:50.Scottish revenue funding ovdr the Spending Review period. So perhaps

:42:51. > :42:54.instead of sneering as the Chancellor did earlier, he would

:42:55. > :43:00.have been better to recognise that hobbling the Scottish Government

:43:01. > :43:09.where the economy is 2.5% l`rger, where productivity is 4% higher than

:43:10. > :43:14.2007 and contributing to UK recovery might be worthy of support rather

:43:15. > :43:18.than undermining. And can I finish by saying one thing, Mr Spe`ker

:43:19. > :43:24.This is a Government with b`rely a third of the vote of those who

:43:25. > :43:33.voted. A Government whose p`rty received the worst result in

:43:34. > :43:37.Scotland today in 1865. I c`nnot expect the Chancellor to ch`nge his

:43:38. > :43:45.mind but the public in Scotland did not vote for a decade of austerity.

:43:46. > :43:48.Mr Speaker, let me say this to the honourable gentleman. This Spending

:43:49. > :43:53.Review delivers economic and national security for the pdople of

:43:54. > :43:58.Scotland. It funds a ?1.9 bhllion increase in their capital btdget.

:43:59. > :44:03.The block grant goes up by ?1 billion. The capital boost hs a 14%

:44:04. > :44:08.capital boost from the Unitdd Kingdom government. And so hnstead

:44:09. > :44:12.of complaining about it, he might have welcomed it on the half of the

:44:13. > :44:17.Scottish Government, and set out some of the plans he might have far

:44:18. > :44:20.how to spend it, because I suspect we are going to hear a lot from the

:44:21. > :44:27.Scottish Nationalists in thhs Parliament about process and

:44:28. > :44:30.constitutional issues, but what they won't tell us is actually what they

:44:31. > :44:37.are going to do to improve the lives of people in Scotland. And hf you

:44:38. > :44:42.look at the record of the Scottish Government, he talks about

:44:43. > :44:49.productivity. They have cut 140 000 further education college places in

:44:50. > :44:54.Scotland. They have used thd money they have taken from the unhversity

:44:55. > :44:59.sector for free prescriptions are millionaires, as if that is a good

:45:00. > :45:03.use of Scottish taxpayers' loney. And health spending in Scotland is

:45:04. > :45:06.rising more slowly than it hs in England where you have a

:45:07. > :45:12.conservative Government in charge of the English national health. In this

:45:13. > :45:15.Spending Review, there is extra capital for Scotland so it can

:45:16. > :45:23.invest in its long-term futtre. There is a huge commitment to the

:45:24. > :45:26.defence estate in Scotland with new planes based at RAF Lossiemouth

:45:27. > :45:32.massive investment in ship will do on the Clyde for many years to come,

:45:33. > :45:37.which by the way since I know they are keen to court the unions in

:45:38. > :45:44.Scotland, the GMB said the news should be welcomed and not tsed for

:45:45. > :45:52.political mischief. Another sensible thing the GMB have said. And there

:45:53. > :46:05.is this huge investment in the base at Faslane, and the SNP say that

:46:06. > :46:08.they would get rid of the ntclear deterrent and give all of those 8000

:46:09. > :46:13.people jobs in our defence establishment. They are not being

:46:14. > :46:17.straight with the people who work on the Clyde or in Scotland Oslan

:46:18. > :46:21.defence industries. They ard also working on implement in the Glasgow

:46:22. > :46:25.is the deal, working on a chty deal to Inverness and Aberdeen, `nd we

:46:26. > :46:33.are ready to sit down with John Swinney and negotiate a fiscal

:46:34. > :46:37.framework. We have now the Scotland Bill, and Lord Smith says it

:46:38. > :46:41.delivers the legislation repuired to deliver the agreement. For lonths

:46:42. > :46:46.they have been telling us wd were not doing what the Smith colmission

:46:47. > :46:52.said. Now Lord Smith says wd are. To make these powers were, we need

:46:53. > :46:56.agreement on a fiscal framework Let's sit down, we can sit down

:46:57. > :47:02.tomorrow, next week, we nevdr, and agree a fair fiscal funding

:47:03. > :47:06.framework. The truth is, Mr Speaker, they complain about decisions on

:47:07. > :47:10.public expenditure. If Scotland had voted to be independent, thdir

:47:11. > :47:16.public finances would be incomplete tatters. The OBR forecast today is

:47:17. > :47:20.that oil revenues are down 84% in the North Sea because of thd fall in

:47:21. > :47:26.the world oil price. That is a 20 billion hole in the financi`l

:47:27. > :47:30.programme that the SNP Government tried to foist on the peopld of

:47:31. > :47:33.Scotland, and the whole thing can be summed up by the words of someone

:47:34. > :47:39.called Mr Alex Bell, the former First Minister's head of policy and

:47:40. > :47:44.he said this. This was in the last week. The SNP's modern independent

:47:45. > :47:49.is broken beyond repair. Thdir campaign towards the 2014 vote and

:47:50. > :47:52.the economic information since has kicked the old model to death. The

:47:53. > :47:55.idea that you could have a Scotland with high public spending, low

:47:56. > :47:59.taxes, a stable economy and reasonable levels of Governlent debt

:48:00. > :48:08.was wishful thinking a year ago Now it is deluded. That is the SNP

:48:09. > :48:13.verdict on the SNP plans. Can I congratulate the Chancellor

:48:14. > :48:20.both on his leadership in continuing to secure our economic recovery and

:48:21. > :48:25.on his long-term economic l`nd, which is certainly working? There is

:48:26. > :48:29.so much to welcome in this `utumn financial statement. But whhlst he

:48:30. > :48:36.is continuing to develop our infrastructure plans, could I also

:48:37. > :48:43.ask him to look at the Government's Aramis on the environment. Would he

:48:44. > :48:46.again examine the plans for HS2 and look at extending the tunnelling

:48:47. > :48:49.under the full length of thd Chilterns area of outstanding

:48:50. > :48:56.natural beauty, a mere 8.8 kilometres? I think you will find

:48:57. > :49:00.that the savings in time and costs to this project are worth it as well

:49:01. > :49:08.as the savings to the miserx of my constituents and many others.

:49:09. > :49:10.I thank my honourable friend, my right honourable friend for her

:49:11. > :49:14.support for the statement, `nd she is absolutely right that thd sound

:49:15. > :49:18.public finances that are at the heart of what we are seeking to

:49:19. > :49:21.build in our country are vital for the working people of gesture and

:49:22. > :49:25.Amersham should stop they also enable us to support not only big

:49:26. > :49:33.infrastructure project is lhke High Speed 2, but to mitigate thd

:49:34. > :49:36.environmental impacts. And we will listen to the recommendations she

:49:37. > :49:39.makes behalf of her constittents to say that more of that line hs in

:49:40. > :49:43.tunnels through the constittency that would have been the case had

:49:44. > :49:47.she not fought hard. I will always listen to the case, but the plans

:49:48. > :49:51.for HS2 are now well developed and construction is better start in this

:49:52. > :49:55.Parliament, and one of the lajor capital commitment in this Spending

:49:56. > :49:57.Review is to the budget for HS2 which increases during this

:49:58. > :50:00.Parliament, but I think is dxactly the kind of aid infrastructtre that

:50:01. > :50:07.this country has not been good at providing in the last few ddcades,

:50:08. > :50:11.and is vital to our future. I am more interested in the wisdom

:50:12. > :50:17.that is contained in the big blue book from the Office for Budget

:50:18. > :50:21.Responsibility, which if I can quote him from Page six, says that the of

:50:22. > :50:27.the tax credit reversal is lore than offset by cuts to a variety of other

:50:28. > :50:30.benefits, but in later years. Can he confirmed that actually he had

:50:31. > :50:35.delayed the changes, the effective changes in tax credits, he has not

:50:36. > :50:40.made a U-turn, and where it says on page 24 of the OBR bluebook, that

:50:41. > :50:44.the welfare can be set to bd breached in three successivd years,

:50:45. > :50:50.will he at least have the gtts to send a treasure Minister each time,

:50:51. > :50:57.preferably himself, to expl`in why he has failed his own test?

:50:58. > :51:04.First of all, the welfare c`p that I setup the Thommo -- set at the

:51:05. > :51:06.Summer Budget which was redtced from the capital March budget was made

:51:07. > :51:12.lower by the tax credit changes that will put forward. Clearly wdlfare

:51:13. > :51:15.spending is going to be higher, ie spending on tax credit in the first

:51:16. > :51:20.couple of years, that is whx the cap is exceeded in those years. But then

:51:21. > :51:23.as he can see in that table, the spending comes below the welfare

:51:24. > :51:28.cap, we achieved the ?12 billion of welfare savings which we fotght the

:51:29. > :51:32.general election on and which he opposed it in the end didn't carry

:51:33. > :51:37.the day for the public. The long-term savings we have m`de today

:51:38. > :51:40.to Housing Benefit are less than ?1 billion, that they continue into the

:51:41. > :51:46.future, and because of the phasing out of tax credit by the tile you

:51:47. > :51:50.got 2019/20, the tax credit changes were only saving around ?1 billion.

:51:51. > :51:53.So that is why that is the case I think it is part of a sensible plan

:51:54. > :51:58.to help families in the transition which is what I was asked to

:51:59. > :52:01.consider, and I was asked to use the improvement in the public fhnances

:52:02. > :52:04.to do that. We have heard all about polhtical

:52:05. > :52:06.careers today, I'm sure the Chancellor is on a very different

:52:07. > :52:11.trajectory than the Shadow Chancellor. I'm not entirelx sure

:52:12. > :52:16.the next minute will help mx own, but in the spirit of the Le`der of

:52:17. > :52:21.the Opposition, David from Wimbledon e-mailed me many times about tax

:52:22. > :52:30.credits over the last month, and he has just e-mailed again, can't fault

:52:31. > :52:36.it, so thanks are listening. I thank his constituent for those comments.

:52:37. > :52:40.If you have improvement in the public finances, you can help

:52:41. > :52:43.families, you can also reduce the deficit as we have done and you can

:52:44. > :52:48.make investments in the long-term capital of the country. That is the

:52:49. > :52:51.advantage of having an economic land reduces better results than were

:52:52. > :52:53.forecast rather than worse results, which was what was happening when

:52:54. > :53:06.Labour chancellors were givhng Autumn Statements.

:53:07. > :53:19.I think many members wish to see Britain in the black. Not in my

:53:20. > :53:25.black book! He has also listened about Housing Benefit, tax credits,

:53:26. > :53:30.policing and things like thd consequences of HS2 for a ddvolved

:53:31. > :53:33.administration. But will he also accept that growth is still on

:53:34. > :53:38.balance across the United Khngdom, and whilst administrations hn

:53:39. > :53:41.Northern Ireland have been seeking to promote growth and pay ott of a

:53:42. > :53:48.reduced budget, there is sthll much to be done. What is specific in this

:53:49. > :53:51.Autumn Statement for areas like Northern Ireland where growth is

:53:52. > :53:57.still lagging behind where we still need to see improvements in the

:53:58. > :54:00.economy. First of all can I thank the honourable gentleman for the

:54:01. > :54:06.support he has given to the measures we announced, including the

:54:07. > :54:09.inconsequential for Northern Ireland, and I thank his party for

:54:10. > :54:12.the work they have done to reach the agreement with the other parties in

:54:13. > :54:15.Northern Ireland and with the UK Government on the Stormont House

:54:16. > :54:22.agreement, which unlocks further resources for Northern Irel`nd. In

:54:23. > :54:24.this specific Spending Revidw, there is an extra ?600 million capital

:54:25. > :54:31.investment in Northern Irel`nd, also in the detail of the book wd

:54:32. > :54:37.produced there is extra funds for original connectivity from Northern

:54:38. > :54:42.Ireland, I think around 2000 new flights a year will be able to be

:54:43. > :54:46.funded to and from Northern Ireland, a ?7 million commitment. And above

:54:47. > :54:51.all, as I mentioned in my statement, if we can get the Northern Hreland

:54:52. > :54:54.executive budget on to a sustainable footing, and I know how hard he is

:54:55. > :55:00.working to bring that back, we can achieve that goal and make `

:55:01. > :55:10.Northern Ireland supercompetitive not just on the island of Ireland,

:55:11. > :55:12.but across Europe. I congratulate my right honourable friend for an

:55:13. > :55:17.excellent statement, and in particular, can I ensure th`t

:55:18. > :55:21.schools in South Suffolk th`t have been underfunded in comparison to

:55:22. > :55:25.other areas will be delightdd by his commitment to a fairer fundhng for

:55:26. > :55:31.you, and does he agree with me but a 1 nation education policy ndeds one

:55:32. > :55:37.national funding formula? My honourable friend is right. This

:55:38. > :55:42.has long been a perverse and arbitrary formula in our edtcation

:55:43. > :55:46.system which many MPs from `ll parties have campaigned to have

:55:47. > :55:52.changed. I think a national funding formula is a big step forward. The

:55:53. > :55:56.Education Secretary will set up the details, but it cannot be rhght that

:55:57. > :55:59.children in exactly the samd circumstances, the same levdl of

:56:00. > :56:04.disadvantage, can in some c`ses received ?3000 less per child than a

:56:05. > :56:09.child in some other circumstances in some other part of the country. And

:56:10. > :56:14.it is not always as some of the Labour members have presentdd about

:56:15. > :56:19.shire counties and the like. A child in Knowsley in exactly the same

:56:20. > :56:23.circumstances is receiving less money today than a child in

:56:24. > :56:32.Wandsworth through the fundhng formula, and that cannot be right.

:56:33. > :56:37.The investment in transport infrastructure is very welcome, but

:56:38. > :56:43.the Chancellor also said th`t the transport Department would have an

:56:44. > :56:49.operational cut of 37%. Could he tell us where the axe will fall

:56:50. > :56:57.Absolutely. The transport the bomber had set aside a number of

:56:58. > :57:02.contingency funds which we don't have to use -- transport department.

:57:03. > :57:06.We are phasing out the resotrce grant for passport London btt they

:57:07. > :57:10.are getting up big capital settlement and that is a big part of

:57:11. > :57:13.the department of the department but fun sport's resource budget and that

:57:14. > :57:20.is where some of the savings will come from. -- the Department for

:57:21. > :57:26.Transport. Protecting the science budget and the commitment to

:57:27. > :57:31.electrifying the trans-Pennhne line are vital predictions in thdir tasks

:57:32. > :57:35.to help rebalance the econoly. Can he remind the house how long it has

:57:36. > :57:39.been since he set out the vhsion for the Northern Powerhouse and what has

:57:40. > :57:45.been achieved since then? Mx honourable friend and consthtuency

:57:46. > :57:50.neighbour has been a big ch`mpion of investment in the North not just in

:57:51. > :57:55.his constituency but in the north-west of England and the speech

:57:56. > :58:00.I gave on the Northern Powerhouse was last summer and since then,

:58:01. > :58:05.working across party divisions, we have had agreement in Liverpool and

:58:06. > :58:08.greater Manchester and Sheffield and the Tees Valley and the north-east

:58:09. > :58:14.to have a big devolution of power from Whitehall to these are`s also

:58:15. > :58:18.there is a huge commitment of transport capital, we have created

:58:19. > :58:22.transport for the North which did not exist a year ago and thdre is a

:58:23. > :58:28.big commitment to the cultural institutions to the north of England

:58:29. > :58:34.as well. A massive commitment and a big commitment to science

:58:35. > :58:38.institutions as well. Can I warmly welcome the decision to increase the

:58:39. > :58:43.counterterrorism budget and protect the policing budget, not just

:58:44. > :58:49.because of what happened in Paris but for the future of polichng? But

:58:50. > :58:51.given that so much of organhsed crime and terrorism is

:58:52. > :58:56.international, is there sufficient legs ability in what he has said for

:58:57. > :59:02.us to support organisations like Europol and Interpol which help us

:59:03. > :59:08.in the work we are doing? Of course we support those international

:59:09. > :59:11.institutions that helped us to fight crime and I want to thank the Right

:59:12. > :59:19.Honourable gentleman for thd support he has given about the police and

:59:20. > :59:24.police funding. The Home Secretary will set out more details about how

:59:25. > :59:29.that protection will be provided, not just funding to forces but a

:59:30. > :59:34.transformation fund which c`n encourage efficiency is that we all

:59:35. > :59:39.want in the police, and makd sure they have the capabilities they need

:59:40. > :59:44.to deal with threats like m`rauding gun attacks. It is real terls

:59:45. > :59:48.detection and also protection in cash terms for the National Crime

:59:49. > :59:57.Agency as a minimum to make sure it is funded to do its work. Mx

:59:58. > :00:02.constituents will warmly welcome the statement, in particular thd

:00:03. > :00:06.announcement of the national funding formula for schools. Hampshhre is

:00:07. > :00:09.the third lowest funded authority in the country. Isn't it right that

:00:10. > :00:13.this can only be delivered because of the difficult decisions on the

:00:14. > :00:19.economy and it would not have been possible had he ducked thosd? My

:00:20. > :00:22.honourable friend is right `nd I'm delighted she has had success in

:00:23. > :00:28.campaigning on the heart of her constituents in Fareham to deliver a

:00:29. > :00:33.fairer funding formula for her local schools and the pupils she

:00:34. > :00:37.represents. We are not able to deliver the kind of real protection

:00:38. > :00:41.to the schools did we have `nnounced today if we don't have a strong

:00:42. > :00:47.economy, the economic securhty it brings, that is the better ht - the

:00:48. > :00:54.bedrock of everything else we are achieving. Created that it lay be, I

:00:55. > :01:00.never thought that they would come when my sex was fined for h`ving a

:01:01. > :01:05.period. I would like to ask the Chancellor, he made a lot of the

:01:06. > :01:09.fact that he was phasing out grants to local government and then he said

:01:10. > :01:14.there are different ways in which local authorities can raise money

:01:15. > :01:17.for social care or policing under the police and crime commissions. I

:01:18. > :01:23.believe in fair funding and I'm sure he realises that in more prosperous

:01:24. > :01:26.areas, the take from that sort of raising of funds is higher for the

:01:27. > :01:30.needs of those communities but the take from communities like Doncaster

:01:31. > :01:34.and elsewhere may not meet the challenges we have. Is he prepared

:01:35. > :01:38.to do an impact assessment of what this might mean to make surd that

:01:39. > :01:45.funding went to the areas of greatest need? I hope she would

:01:46. > :01:50.welcome the decision we havd taken on the money that is raised from the

:01:51. > :01:55.tampon tax, the VAT on sanitary products. We have not been `ble to

:01:56. > :02:05.change the EU rules, the last Labour government tried and when she was in

:02:06. > :02:10.the Treasury, she stood at this dispatch box and said they `re

:02:11. > :02:13.trying to change the rules. I have provided the best interim solution

:02:14. > :02:18.which is to set up a fund and enable it to support women's charities

:02:19. > :02:23.like with the Libor money I have been able to help charities that

:02:24. > :02:27.members across the house have proposed. On local government, she

:02:28. > :02:33.makes a very fair point abott regional economic disparitids.

:02:34. > :02:37.Business rate would be retahned 100% by local government and there is

:02:38. > :02:44.already a reallocation of btsiness rates through a tariff systdm. What

:02:45. > :02:50.I propose is that on day ond, those tariffs are set in stone.

:02:51. > :02:58.Thereafter, any growth in btsiness rate income in that area can go to

:02:59. > :03:02.the local council so an are` like Doncaster might well be recdiving

:03:03. > :03:06.some additional money from the reallocation of business rate from,

:03:07. > :03:10.for example, central London, but thereafter it would be up to

:03:11. > :03:16.Doncaster Council and the local enterprise partnership and the

:03:17. > :03:19.elected mayor that will be dlected in South Yorkshire to make sure they

:03:20. > :03:24.are doing everything they c`n to grow the area and get investment in

:03:25. > :03:27.and I'm sure she will welcole the investment in small modular reactors

:03:28. > :03:39.which will be a big boost to the industry in South Yorkshire which is

:03:40. > :03:44.a world leader in that field. Can I congratulate him for an outstanding

:03:45. > :03:48.statement come and in particular for the 3.7% increase in NHS funding

:03:49. > :03:53.above inflation that he has announced. He will know that health

:03:54. > :03:57.care inflation has always rtn at about 4% and that spending hn the UK

:03:58. > :04:03.lags far by Hyde countries with which we can become parent like

:04:04. > :04:11.France and Germany -- behind. What is he doing to make sure th`t we can

:04:12. > :04:15.sustainably for the future hn health care funding so we can conthnue to

:04:16. > :04:22.see the substantial increasds in funding that will be necess`ry in

:04:23. > :04:29.the future? I thank him verx much for his support. Hopefully `s both a

:04:30. > :04:34.doctor and former servicemen he welcomes the support for thd NHS and

:04:35. > :04:40.our defence forces. On the puestion of the NHS, we have asked the NHS

:04:41. > :04:46.themselves to come forward with a plan for the own future, thd

:04:47. > :04:50.five-year forward view, drawn up independently of us can put forward

:04:51. > :04:56.by Simon Stephens who is not linked to any political party. His plan,

:04:57. > :05:01.with the support of the NHS is the plan for a sustainable future. We

:05:02. > :05:05.have fully funded it, the investment upfront so we can achieve the

:05:06. > :05:09.transformations for example in primary care, that it sets out, and

:05:10. > :05:13.we are requiring of the NHS as a cross and public sector real

:05:14. > :05:16.efficiencies but in their c`se, those are put into the front line

:05:17. > :05:23.health care that he is so ddtermined to champion. If I were to c`ll

:05:24. > :05:28.everybody as I aspire to, it would take another hour and a half on

:05:29. > :05:35.present trends. That is rather long. From which people should do Jews

:05:36. > :05:41.whether they are backbenchers or the esteemed Chancellor, picking this is

:05:42. > :05:48.the order of the day. I welcome his decision to scrap tax credits cuts.

:05:49. > :05:55.Does he intend to apologise to the people who were unnecessarily scared

:05:56. > :06:00.by his original plans and does he intend disciplining his peers in the

:06:01. > :06:03.House of Lords who, had thex supported the Liberal Democrat

:06:04. > :06:09.motion, would have saved hil from this embarrassing U-turn? I said I

:06:10. > :06:12.would listen and I have but I thought he would be welcoming the

:06:13. > :06:16.fact that the cuts in this parliament are going to be half what

:06:17. > :06:20.they were in the last parli`ment. Now we are freed of the shackles of

:06:21. > :06:32.the Liberal Democrats, we c`n invest even more in our public services.

:06:33. > :06:41.Does the Chancellor of the Dxchequer realise that he is becoming a hero

:06:42. > :06:48.to those like me who have an paint to deal with the perennial plight of

:06:49. > :06:53.potholes on our roads? The fact is this is an area of major concern to

:06:54. > :06:57.millions of people around the country in constituencies all over

:06:58. > :07:00.the country and by establishing a permanent pothole fund, he hs

:07:01. > :07:10.helping to deal with a sign`l problem. My honourable friend is

:07:11. > :07:16.absolutely right. People latgh in this chamber when we talk about the

:07:17. > :07:22.pothole fund. He knows, as H suspect we all do, the state of loc`l roads

:07:23. > :07:30.is something that is a real concern to people, as is the potholds people

:07:31. > :07:35.see on the roads. As a result of the extra investment we are putting into

:07:36. > :07:39.our roads budget, we are able to increase the maintenance budget so

:07:40. > :07:46.we don't just build new roads but improve the ones we have got. The

:07:47. > :07:50.Chancellor should have been coming to this house today to tell us he

:07:51. > :07:56.had finally dealt with the budget deficit but he overshot that mark by

:07:57. > :07:59.?60 billion. Can I ask him, does he honestly believed by the tile he

:08:00. > :08:06.leaves the Treasury for the last time he will preside over anything

:08:07. > :08:11.but a deficit? I have set at the projections to achieve the surplus

:08:12. > :08:16.which is forecast by the Office for Budget Responsibility and wd made

:08:17. > :08:21.the commitment in the budget responsibility Chardy that has been

:08:22. > :08:24.set for this house. I will lake a broader observation, in the five

:08:25. > :08:28.years I have been stamping here I don't think I've had a single

:08:29. > :08:33.proposal from any Labour MP for a reduction in government spending.

:08:34. > :08:38.The truth is, it is incredible to go on saying we want to cut thd

:08:39. > :08:45.deficit, cut borrowing, thex are all shaking their heads. Here's a test,

:08:46. > :08:54.every Labour MP should propose a cut in public spending before they

:08:55. > :09:00.propose an increase. May I congratulate the Chancellor on his

:09:01. > :09:04.veritable listening skills on tax credit and could I also ask him when

:09:05. > :09:10.he will make a decision on `irport expansion and if he will also have

:09:11. > :09:16.those excellent listening skills ready for my constituents when he

:09:17. > :09:23.makes that decision? What I would say to my honourable friend from

:09:24. > :09:29.Twickenham is this. Of course, as I said, I was able to listen to the

:09:30. > :09:33.concerns people raised. Bec`use of the improvement in the publhc

:09:34. > :09:36.finances we can help familids move to this lower welfare higher wage

:09:37. > :09:41.economy which I know people in Twickenham want to see. When it

:09:42. > :09:43.comes to investment in infrastructure, I have detahled the

:09:44. > :09:47.plans for roads and railways and when it comes to airports, she will

:09:48. > :09:52.have to be a little bit mord patient. As she knows, the

:09:53. > :10:03.government is looking at thd Davis report and will make its decision on

:10:04. > :10:11.that in due course. Table 2.1 at the back shows a 56% cut in grant to

:10:12. > :10:15.local authorities, which he is expecting them to make up in

:10:16. > :10:20.business rates and higher council tax. As my honourable friend the

:10:21. > :10:26.member for Don Valley said, this is easier in wealthy areas than in

:10:27. > :10:29.poorer areas. Could he provhde some regional analysis showing what his

:10:30. > :10:35.assumptions are which also take account of the torrential spend in

:10:36. > :10:42.infrastructure in different parts of the country? -- differential spend.

:10:43. > :10:47.My right honourable friend the communities and Local Government

:10:48. > :10:49.Secretary will be setting ott the details of the local governlent

:10:50. > :10:55.settlement in due course and we have taken the opportunity to put floors

:10:56. > :11:00.and ceilings on some of the effects of these changes to relativdly

:11:01. > :11:05.protect certain authorities. As I'm sure she appreciates, representing

:11:06. > :11:09.the area she comes from, we are doing a huge amount in this budget

:11:10. > :11:15.to support regional growth, growth in the North of England, to make

:11:16. > :11:18.sure there is an investment in the transport introduction, scidnce and

:11:19. > :11:21.the civic power of the North which help us continue what we ard seeing

:11:22. > :11:27.which is the North growing faster than the south.

:11:28. > :11:34.I welcome the Chancellor's proposals to charge a Stamp Duty premhum for

:11:35. > :11:36.buy to let landlords and second home purchases, which the Chancellor and

:11:37. > :11:42.I discussed prior to the st`tement, and will the Chancellor asstre the

:11:43. > :11:46.House that this will encour`ge homeownership in our countrx? I

:11:47. > :11:50.should certainly put on record my thanks to the honourable melber my

:11:51. > :11:54.honourable friend from Croydon. He came to me and discussed wh`t more

:11:55. > :11:57.we could do to level the pl`ying field so that families trying to buy

:11:58. > :12:02.their own home were not as advantaged versus people buxing

:12:03. > :12:11.idyllic Robert in places like Croydon, -- buy to let propdrties in

:12:12. > :12:15.places like Croydon. We discussed some clever ideas, and I'm glad that

:12:16. > :12:25.his thinking has come to frtition in this Autumn Statement. We look to

:12:26. > :12:31.the Welsh government for transparency and coherence,

:12:32. > :12:36.sometimes in vain. Will the Chancellor million eight in real on

:12:37. > :12:40.a real basis the consequenthal increases in funding for thd Welsh

:12:41. > :12:50.government, and if he cannot do so now, will he write to me? I can set

:12:51. > :12:57.out to the honourable gentldman that the Welsh block grant will rise in

:12:58. > :13:03.cash terms and will be worth ?1 billion, over ?500 million lore than

:13:04. > :13:07.this year. And of course thdre is also the additional capital

:13:08. > :13:11.investment, the ?900 million more available to be spent on investment

:13:12. > :13:14.in Wales. We have also made the historic announcement today of a

:13:15. > :13:21.Welsh funding floor, addressing the long felt concerned in Wales that

:13:22. > :13:26.Wales is under protected by the Barnett formula and not fairly

:13:27. > :13:30.treated by it. We have addrdssed that in work done over many years,

:13:31. > :13:36.and I'm sure he agrees with me that this is a good meal for Walds. I

:13:37. > :13:40.take this opportunity once `gain to thank the Chancellor for all he is

:13:41. > :13:52.doing to support the economx of the North of England, but my

:13:53. > :13:59.constituency of Fylde is part of the Northern Powerhouse, and can be

:14:00. > :14:03.Chancellor insure that the commitment to nuclear reactors is

:14:04. > :14:07.outlined in. Fylde We will go on investing in his

:14:08. > :14:10.constituency which he is such an effective champion of. We h`ve

:14:11. > :14:16.spoken before about the entdrprise zone of Blackpool Airport, `nd shale

:14:17. > :14:19.gas development, controvershal in his area, is now supported by a fund

:14:20. > :14:23.which brings money for local communities, and he is absolutely

:14:24. > :14:26.right that the north-west of England is one of the areas of our country

:14:27. > :14:33.with real expertise in nucldar power. We have made a real

:14:34. > :14:41.commitment not only to the big powerhouses, but also the slall

:14:42. > :14:50.modular reactors where therd is such expertise in the north-west. The OBR

:14:51. > :14:55.report today says, paragraph 1. 3 in case the Chancellor hasn't read it,

:14:56. > :15:00.there is roughly 55% chance of his meeting his budget targets. Given

:15:01. > :15:06.that 50/50 proposition, Kam Chancellor reassure this Hotse that

:15:07. > :15:11.this budget won't be torn up the way the three previous ones havd in the

:15:12. > :15:14.last 12 months? The OBR assdss as against our fiscal targets, and that

:15:15. > :15:18.is the whole point of having an independent fiscal Council. Can I

:15:19. > :15:24.make suggestion to the Scottishness is. Why don't they get all create an

:15:25. > :15:30.independent fiscal Council hn Scotland, which they are refusing to

:15:31. > :15:33.do. As my right honourable friend knows,

:15:34. > :15:38.this summer operation Stack brought Kent to a standstill. And I welcome

:15:39. > :15:43.his announcement today for ` quarter of ?1 billion investment in Kent's

:15:44. > :15:47.infrastructure to keep Kent moving, and does he agree with me that

:15:48. > :15:50.investment in infrastructurd is vital for Britain's economic growth,

:15:51. > :15:55.national security and public services? My honourable fridnd for

:15:56. > :15:58.Faversham was one of the melbers of all the two came to see me to fight

:15:59. > :16:04.on behalf of her constituents to see their lives disrupted when the

:16:05. > :16:09.Channel Tunnel is blocked and the lorries queue up on the motorways

:16:10. > :16:13.there and block up the local roads. She and my other honourable friend

:16:14. > :16:19.the Kent came to me with a proposal to relieve that. We are makhng a

:16:20. > :16:22.quarter of ?1 billion commitment to the county of Kent to help them with

:16:23. > :16:30.this traffic problem and provide a permanent solution. As my honourable

:16:31. > :16:34.and right honourable friends have raised with the Chancellor, is

:16:35. > :16:39.trying to Bush the funding of social care onto councils, 4.6 billion has

:16:40. > :16:47.been taken out since 2010, `nd the gap is growing at ?700 millhon year.

:16:48. > :16:50.There is a fourfold difference between the ability of diffdrent

:16:51. > :16:54.areas of the country to raise funding through the 2% council tax

:16:55. > :17:00.increase. Can the Chancellor tell us now how he is going to closd that

:17:01. > :17:06.gap would in fact there is no extra funding until 2017?

:17:07. > :17:11.Funding overall for social care will be protected in real terms. There is

:17:12. > :17:17.the council tax premium that can be levied, and the better care fund

:17:18. > :17:21.which will have an addition`l ? .5 billion to make sure that it can

:17:22. > :17:26.help local government into great with the National Health Service.

:17:27. > :17:30.But our objective here is to achieve over the next five years thd

:17:31. > :17:36.integration of health and so services across the country in

:17:37. > :17:38.places like North East Lincolnshire and Northumberland and in Greater

:17:39. > :17:41.Manchester, they have made progress in this area, I hope our local area

:17:42. > :17:46.as well take steps in that direction.

:17:47. > :17:50.Mr David Burrows. I welcome a compassionate conservative

:17:51. > :17:54.statement. With for example cancels receiving ?10 million more tpfront

:17:55. > :18:00.to tackle homelessness in their local areas. With the addithonal

:18:01. > :18:02.?105 million pledged over the course of Parliament to tackle the complex

:18:03. > :18:06.needs of homelessness, ment`l health and youth unemployment. Will that be

:18:07. > :18:09.delivered by of the troubled families programme, deliverhng

:18:10. > :18:15.social justice for single pdrsons with Lex needs?

:18:16. > :18:19.I thank my honourable friend for his support and the work he has done to

:18:20. > :18:23.champion the most disadvant`ged and vulnerable in our communitids. The

:18:24. > :18:28.troubled families programme is protected and supported in this

:18:29. > :18:31.Spending Review. The money for social impact bonds to help with

:18:32. > :18:36.complexes shall need in our society is additional to that, as is the

:18:37. > :18:43.extra support for homeless people which will go direct to councils and

:18:44. > :18:53.have ?10 million put into it. It is a number of pieces of good news

:18:54. > :18:57.Mr Speaker, but days ago our police service, reeling from the bhggest

:18:58. > :19:02.cuts in Europe of 17,000, w`s facing the catastrophe of being cut in

:19:03. > :19:10.half. Now, following pressure from the public, the police and the

:19:11. > :19:13.Labour Party, the Chancellor has fought again, including embracing

:19:14. > :19:18.our proposals for sensible savings on procurement. Just the Ch`ncellor

:19:19. > :19:24.agree with me that the first duty of any Government is the safetx and

:19:25. > :19:31.security of its citizens, and that a U-turn, however begrudged, however

:19:32. > :19:36.late, is to be welcomed? I would say this. The first duty of

:19:37. > :19:39.Government is to protect thd people, and because we have got a strong

:19:40. > :19:44.economy, we can not only invest in our defences overseas, we c`n

:19:45. > :19:48.protect the public at home with this real terms protection for the

:19:49. > :19:51.police. This comes on top of the increase in community officdrs we

:19:52. > :19:56.saw in the last Parliament `nd the greater proportion of our police on

:19:57. > :20:00.the front line. He says the Labour Party are championing the police's

:20:01. > :20:03.cause, and I don't know where he stands in the civil war takhng place

:20:04. > :20:07.in the Labour Party at the loment, but those who currently lead the

:20:08. > :20:10.Labour Party and spent their entire lives undermining the policd,

:20:11. > :20:17.campaigning against them and criticising them, and that hs what

:20:18. > :20:21.the public will judge them on. Can I warmly welcome the Chancellor's

:20:22. > :20:25.announcement of a boost in funding for our security services who do so

:20:26. > :20:28.much unsung work to keep us safe, and does he agree with me that the

:20:29. > :20:32.creation of a cyber innovathon Centre in Cheltenham will now mean

:20:33. > :20:35.that those extra taxpayer ftnd will enhance not just our nation`l

:20:36. > :20:39.security, they will boost private-sector jobs and opportunity,

:20:40. > :20:48.to? My honourable friend is absolutely

:20:49. > :20:54.right. These people keep us safe working at GCHQ in Cheltenh`m. And I

:20:55. > :20:58.was able to meet their with local businesses who are growing the side

:20:59. > :21:02.of business in jail and, crdating jobs and making sure that GCHQ is

:21:03. > :21:07.not just a source of jobs in the public sector but also a sotrce of

:21:08. > :21:11.jobs in the private sector, and the new cyber innovations Centrd and the

:21:12. > :21:20.work we are going to do in chop and will only go from strength to

:21:21. > :21:26.strength. In 2007, Martin Ldwis of money-saving expert and I wdre asked

:21:27. > :21:31.to lead a campaign on student finance investigation, and we

:21:32. > :21:34.thought it would be better forbidden to make an informed choice. So

:21:35. > :21:38.imagine my disappointment on page 93 of the book to find that not only

:21:39. > :21:41.are student finance repayment conditions are being change in

:21:42. > :21:45.aggressive way, they are behng applied retrospectively. Not only is

:21:46. > :21:50.this a personal betrayal, how can any applicant trust the information

:21:51. > :21:54.they are given by government at the point of application, and

:21:55. > :21:58.furthermore, what message does he think he is sending to the nursing

:21:59. > :22:01.profession and aspiring nurses that they should pay for the privilege of

:22:02. > :22:06.a profession where they havd to work incredibly hard and not a

:22:07. > :22:08.particularly good a? What an absolute outrage, and the Chancellor

:22:09. > :22:15.should apologise to students and nurses.

:22:16. > :22:19.You wouldn't have guessed from the honourable gentleman's outbtrst but

:22:20. > :22:23.it was a Labour government that introduced tuition fees, and a

:22:24. > :22:31.Labour government introduced top up fees, and I think it is

:22:32. > :22:33.perfectly... The truth is this. The Labour Party got into opposhtion,

:22:34. > :22:37.they became completely irresponsible, they had no dconomic

:22:38. > :22:43.plan or credibility, and part of that was opposing the very student

:22:44. > :22:47.fees that they had themselvds introduced when they were in

:22:48. > :22:53.government. And the changes we are making is to student fees enable us

:22:54. > :22:57.to expand student races, relove the cap not just on nurse trainhng

:22:58. > :23:00.places where only half of applicants are turned away at the moment, and

:23:01. > :23:05.as a result, hospitals have to rely on agency staff and nurses from

:23:06. > :23:07.overseas. It also means an dxpansion of student places across

:23:08. > :23:10.universities in all disciplhnes and I would've thought was a former head

:23:11. > :23:17.of the NUS he would have welcomed that. I thank the Chancellor for

:23:18. > :23:21.listening to the science and technology committee in protecting

:23:22. > :23:24.spending, it will mean highdr productivity and more inward

:23:25. > :23:29.investment. But does he also agree with us that we were only rdalise

:23:30. > :23:33.the full value of this settlement with better coordination between

:23:34. > :23:37.capital and resources, so that our innovators receive their full

:23:38. > :23:42.potential for the United Kingdom? I thank my honourable friend for her

:23:43. > :23:45.words of support, but also thank her for the work she has done as chair

:23:46. > :23:50.of the science and technology committee. She made exactly this

:23:51. > :23:54.point to me in person which is that as well as providing capital support

:23:55. > :23:56.for science, we had to provhde resource support to make sure

:23:57. > :24:03.facilities were well funded and could operate during the tile, so

:24:04. > :24:07.that is why we have increasdd the science resource budget and made

:24:08. > :24:14.sure it goes up in real terls, and I know she will want to look `t

:24:15. > :24:19.almost's report to make surd that we better coordinate our science

:24:20. > :24:23.activities across the country. I very much welcome the Chancdllor's

:24:24. > :24:26.announcement about how the tax that I pay for my sanitary products will

:24:27. > :24:33.now be spent on women's health, I believe he said. I wonder if he can

:24:34. > :24:35.clarify if any of that monex will be spent on domestic and sexual

:24:36. > :24:40.violence charities, and if ht will be spent better than the money he

:24:41. > :24:43.announced in his budget, whhch provided 27p each woman who

:24:44. > :24:47.currently lived in refuge and is only being given out now and has to

:24:48. > :24:51.be spent by the end of March, so pretty much you have helped no one

:24:52. > :24:59.for about four months. Will this money be better? First of all, the

:25:00. > :25:04.?15 million from the tampon tax will be available to charities that

:25:05. > :25:10.support women, not just womdn's health causes but also domestic

:25:11. > :25:14.violence causes where of cotrse these charities do brilliant work,

:25:15. > :25:17.and I have announced the allocation to four charities, some of whom are

:25:18. > :25:23.already involved in domestic abuse prevention. We are not going to

:25:24. > :25:29.agree, having listened to hdr over the last two months over much in

:25:30. > :25:34.this Parliament, but I would say this to her. If she has got some

:25:35. > :25:40.good causes she would like this money, will listen to them. I

:25:41. > :25:43.welcome the devolved powers on business rates and adult social care

:25:44. > :25:47.funding to local authorities. In my constituency of Bexhill, we

:25:48. > :25:51.desperately need to attract more business to pay for an ageing

:25:52. > :25:54.population. With that in mind, could the Chancellor restate his support

:25:55. > :25:58.to the High Speed 1 link to my neighbouring constituency of

:25:59. > :26:05.Hastings and right and my own of Bexhill?

:26:06. > :26:10.I am happy to re-stake my stpport so that the javelin comes down to

:26:11. > :26:15.Hastings and can support his constituents. We are also

:26:16. > :26:18.investigating inroads in his area because that is a particularly

:26:19. > :26:22.congested part of the south,east, and he is right, lots of exciting

:26:23. > :26:25.things are happening on the south coast at the moment as businesses

:26:26. > :26:29.coming, the University grows in Hastings which of course sole of the

:26:30. > :26:33.people he recommends work in. Anyway thing more we can do to boost

:26:34. > :26:40.businesses in his constituency, I am very happy to look at.

:26:41. > :26:59.The Chancellor had a 50% ch`nce of becoming Prime Minister. Thhs

:27:00. > :27:06.morning it was estimated at 25% He sells the Chancellor stock `s his

:27:07. > :27:11.plan unravels in the weeks `head. What guarantees can the Chancellor

:27:12. > :27:14.give this House that he is not back in bed with the Liberal Democrats

:27:15. > :27:25.and involved in the same notorious scheme to shell is short -- sell our

:27:26. > :27:33.short? To be honest, I am not going to take advice from the right

:27:34. > :27:35.honourable gentleman. He trhed to make his country Independent that

:27:36. > :27:44.the people of Scotland had good sense to say no. I congratulate the

:27:45. > :27:52.Chancellor on the way he has balanced compassion in his

:27:53. > :27:57.statement. To keep up investment in our vital public services, we need

:27:58. > :28:03.to increase our income. To do that we need to keep investing in skills.

:28:04. > :28:08.Can he expand how the apprenticeship levy will allow small busindsses to

:28:09. > :28:14.invest in skills? The commitment we made to 3 million apprenticds is a

:28:15. > :28:21.huge boost this country. It addresses and endemic probldm in our

:28:22. > :28:26.economy. Small businesses do not have to pay the levy but thdy get

:28:27. > :28:28.the advantages of funded apprenticeships and we are

:28:29. > :28:34.increasing some of the courses. There is an uplift in apprenticeship

:28:35. > :28:38.funding, so it is a help for small businesses which I know that to such

:28:39. > :28:46.a lot to help our economy, but to not have the support for funding.

:28:47. > :28:50.The local government grant hs there because some local authorithes have

:28:51. > :28:54.a lower tax base than others. Can he reassure us that the same ndcessary

:28:55. > :29:00.degree of rebalancing will be delivered once the grant has been

:29:01. > :29:05.phased out? As I say, the reallocation of business rates,

:29:06. > :29:09.which currently takes place, after we allowed local authorities to

:29:10. > :29:15.retain 50% in the last Parlhament, that reallocation will be in place

:29:16. > :29:20.from day one. Thereafter, local areas like a zone will have strong

:29:21. > :29:24.incentives to attract busindsses to their area, they can cut rates to

:29:25. > :29:32.bring those businesses in. Ht will also help with the speeding up of

:29:33. > :29:36.planning decisions and local development. The trouble is there is

:29:37. > :29:40.always a cost to sing development in our constituencies were loc`l

:29:41. > :29:43.councillors, it is often controversial, both councillors will

:29:44. > :29:51.see the benefits and local communities will do as well. Over

:29:52. > :29:54.the last three years, Jaguar Land Rover has doubled the size of its

:29:55. > :29:59.workforce in the West Midlands. A job made easier by the skill base we

:30:00. > :30:03.have there. In welcoming thd jobs News the Chancellor has givdn us,

:30:04. > :30:20.can he say more on how he whll we -- help look -- automotive firls step

:30:21. > :30:23.recruit locally? Let me first of all bank his Conservative counchl for

:30:24. > :30:28.the support they give to thd car industry, thank him for chalpioning

:30:29. > :30:32.this car industry in the Hotse. We made a commitment not only to

:30:33. > :30:40.maintain the amount of monex be put into it, but minty in it for the

:30:41. > :30:45.next ten years. Product linds and take many years to develop `nd

:30:46. > :30:59.invest in, this commitment will be very welcome. Can the chancdllor

:31:00. > :31:04.outline exactly what to do's Autumn Statement means for cities like

:31:05. > :31:07.Stoke-on-Trent, sitting between greater Birmingham and Greater

:31:08. > :31:14.Manchester, with little famhly silver to sell in terms of `ssets,

:31:15. > :31:26.and with 94% of my residents sitting in properties of council tax band

:31:27. > :31:31.aid, B, C. What can we do whth this addition in the business revenue?

:31:32. > :31:35.The reallocation of funding within local government takes placd to

:31:36. > :31:39.support poorer areas of the country, such as the one she represents. But

:31:40. > :31:44.now there is a huge set of incentives for the local EQ Moody

:31:45. > :31:49.and local council -- local community, to grow Stoke-on,Trent

:31:50. > :31:54.and see the benefits. They can work with us to make that happen. I am

:31:55. > :32:04.happy to discuss what more we can do to help Stoke-on-Trent and to help

:32:05. > :32:12.with what they can do with local local authorities to do mord things

:32:13. > :32:19.together. There it -- the sdcurity of nation starts at home. C`n I

:32:20. > :32:28.thank that the police budget will be protected. All my friends m`cro

:32:29. > :32:32.agree that increasing spendhng in the NHS, schools and policing are

:32:33. > :32:36.not difficult if difficult positions are not read about public spending

:32:37. > :32:42.elsewhere. Ideas for those cuts are never forthcoming for the p`rty

:32:43. > :32:49.opposite. My honourable fridnd is right. The decision to be t`ken for

:32:50. > :32:55.the NHS, education, policing, will be welcome in his constituency. It

:32:56. > :32:59.will enable us to allowed to deliver on promises made to local pdople. It

:33:00. > :33:04.is easy for people to say there was more money spent on this and that. I

:33:05. > :33:05.have not yet heard an answer to my challenge to the Labour Party to

:33:06. > :33:12.come up with a single public come up with a single public

:33:13. > :33:18.expenditure saving. There you go. Trident. There we go, Trident. That

:33:19. > :33:25.is the modern Labour Party, they want to get rid of a nuclear

:33:26. > :33:30.deterrent. Some of them are shaking their head. Can I make a polite

:33:31. > :33:37.decision, why does the Labotr Party not sort out its policies and then

:33:38. > :33:41.come back to us. I welcome the increase in mental health ftnding

:33:42. > :33:45.that the Chancellor has announced, especially since it follows a cut

:33:46. > :33:49.from last Parliament at the mental health tariff. Given last wdek's

:33:50. > :34:00.research findings that showdd a clear link between the government's

:34:01. > :34:09.own work capabilities assessment and other policies, what is his

:34:10. > :34:14.assessment on what the incrdases announced will do to help? H think

:34:15. > :34:19.it is generally excepted across this House that mental health services in

:34:20. > :34:25.the NHS have not always had the support they have needed ovdr many

:34:26. > :34:30.decades. And we have not had the quality of treatment in the NHS We

:34:31. > :34:35.have made that change in thd Constitution of the NHS. Today I

:34:36. > :34:38.have announced ?600 million extra funding for mental health, `nd top

:34:39. > :34:45.of what was announced in thd March budget. It will be access to

:34:46. > :34:55.perinatal mental health as well I would have thought and hope that she

:34:56. > :34:58.would have welcomed that. C`n I commend the Chancellor's colmitment

:34:59. > :35:03.to the fair funding formula and asked him how precisely it will help

:35:04. > :35:06.students in Cambridgeshire who historically have received `round

:35:07. > :35:09.?2000 less per pupil than some other areas and ask how precisely it will

:35:10. > :35:11.help students in Cambridgeshire who historically have received `round

:35:12. > :35:14.?2000 less per pupil than some other areas in the country? The ctrrent

:35:15. > :35:18.funding for schools is arbitrary and unfair. Children with the s`me

:35:19. > :35:21.circumstances can receive m`ny thousands of pounds difference in

:35:22. > :35:26.funding at their school, depending on where they live in the country.

:35:27. > :35:30.Cambridgeshire is one of thd areas that has been underfunded

:35:31. > :35:38.historically. The new national funding formula will address this.

:35:39. > :35:40.She has been championing th`t cause. My right honourable friend de

:35:41. > :35:45.Education Secretary will make sure that that is applied fairly. Has the

:35:46. > :35:53.Chancellor got any plans to bring any more privatisation to the health

:35:54. > :35:57.service? Our National Health Service is publicly run, free at thd point

:35:58. > :36:08.of use and know well funded under this Conservative government. Thank

:36:09. > :36:11.you, Mr Speaker. May I thank my right honourable friend for fear of

:36:12. > :36:18.funding for school so the children and my constituency get a f`irer

:36:19. > :36:22.deal. Does he join me in th`nking the Shadow Chancellor for sharing

:36:23. > :36:30.his favourite book with us `nd therefore designing my next campaign

:36:31. > :36:37.leaflet? First of all, can H see to my honourable friend, she is that

:36:38. > :36:41.slightly right to champion the schools in her Lincolnshire

:36:42. > :36:44.constituency. It is right of us to draw attention to the fact that the

:36:45. > :36:53.funding formula has not been fear to her constituents and. The ndw

:36:54. > :37:00.Theatre funding programme whll help readdress this. It is a well thumbed

:37:01. > :37:04.copy of the Little red book. I do not think this is the first time

:37:05. > :37:13.that the Shadow Chancellor has been reading from it. Mr Speaker, the

:37:14. > :37:18.Chancellor has been forced hnto humiliating climb-down on t`x

:37:19. > :37:22.credits, which should give ` stay of execution to some families. From

:37:23. > :37:27.what we have heard today, there are hundreds of thousands of social

:37:28. > :37:31.sector tenants who face loshng money because of his austerity agdnda Why

:37:32. > :37:37.is he determined to put low income households on the front lind? First

:37:38. > :37:42.of all, we are saying that rents in the social sector should not be

:37:43. > :37:46.higher than rents in the prhvate sector, in a particular are`. In

:37:47. > :37:49.most parts of the country, they are not already, but there are hn some

:37:50. > :37:53.parts of the country where there are. I think that is fair and fair

:37:54. > :37:59.to those who pay for our welfare system. It is only for a new

:38:00. > :38:02.tenancies. I would make this broader observation, if the Scottish

:38:03. > :38:07.National is wanted to do solething about housing benefit, then they

:38:08. > :38:12.should agree the fiscal fralework, make use of the powers offered to

:38:13. > :38:15.them in the Scotland Bill. @s always they want a duck responsibld to

:38:16. > :38:19.further decisions that we h`ve devolved to them and the Scottish

:38:20. > :38:24.government, so they should stop arguing about the process. Lord

:38:25. > :38:28.Smith has put an end to that argument. Get on, agree the

:38:29. > :38:34.framework, and then they can defend the decisions they take on housing

:38:35. > :38:39.benefit in the future. It h`s to be balanced against the pressure of

:38:40. > :38:43.subsequent business. If I al to accommodate colleagues, what is

:38:44. > :38:48.needed now is a single short supplementary question without

:38:49. > :38:56.preamble. If a colleague can deliver that, great. Not, reconsider. Can I

:38:57. > :38:59.welcome the Chancellor's welcome the Chancellor's

:39:00. > :39:03.announcement of additional loney for mental health. Would he agrde with

:39:04. > :39:07.me that that is a first step in delivering our manifesto colmitments

:39:08. > :39:10.on mental health which is not only right in principle, but that is a

:39:11. > :39:12.first step in delivering our manifesto commitments on mental

:39:13. > :39:14.health which is not only right in principle, but it's health service

:39:15. > :39:20.in the future? He has been ` great champion of mental health and he is

:39:21. > :39:24.right and what he says. This morning the government released the figures

:39:25. > :39:30.for the largest amount of whnter death the century. 43,900. Xet the

:39:31. > :39:38.Chancellor in his speech has cut the equal budget which was opposed to

:39:39. > :39:43.improve home installation bx 60 . We are making sure that we havd an

:39:44. > :39:48.efficient home efficiency scheme. At the same time, we are cutting the

:39:49. > :39:51.energy bills for families. H remember the Labour Party in the

:39:52. > :39:58.last Parliament campaigning to freeze energy bills. They should be

:39:59. > :40:04.welcoming this cut in energx bills. Time does not permit me to list all

:40:05. > :40:07.that is welcome in the Chancellor's statement for Dorset residents and

:40:08. > :40:12.those in the south-west. I lust mention Dorset dream the new

:40:13. > :40:16.enterprise on which will be most welcome. And a fairer funding

:40:17. > :40:22.formula for our schools which are amongst the worst funded in the

:40:23. > :40:27.country before now. He is a great champion of his constituents. The

:40:28. > :40:30.enterprise zone I think will be a great success in Dorset and the

:40:31. > :40:37.funding formula will help schools there as well. I thank the

:40:38. > :40:41.Chancellor for clarifying that the ?15 million raised from the tampon

:40:42. > :40:50.tax will be going to domesthc violence charities as well `s

:40:51. > :40:55.women's health charities. C`n I ask the Chancellor in the interdsts of

:40:56. > :41:01.equality, would he consider a tax on large's mags for prostate c`ncer or

:41:02. > :41:09.is it just women who have to pay for their services? I think she should

:41:10. > :41:21.be fear about the situation that the United Kingdom faces itself in. --

:41:22. > :41:30.fair. The united kingdom, bdcause of EU rules, cannot lower its tax on

:41:31. > :41:35.sanitary products. They will continue to campaign to get rid of

:41:36. > :41:39.that tax in the EU as the l`st government did. In the meantime

:41:40. > :41:43.they are doing that something that the last Labour government did not

:41:44. > :41:51.do. I ask her to come forward with some good causes that help with both

:41:52. > :41:52.women who suffer from domestic violence and women's charithes from

:41:53. > :42:01.the spot. Amidst the wonderful news for

:42:02. > :42:04.Somerset on road and rail infrastructure, could he re`ssure he

:42:05. > :42:13.remains fully committed to connecting 100% of homes to

:42:14. > :42:15.superfast broadband. There hs a ?1.7 billion superfast broadband

:42:16. > :42:19.programme to help in the West Country and we are looking `t a

:42:20. > :42:30.universal service obligation on telecom providers to help hhs

:42:31. > :42:35.constituents. The refurbishdd is essential to bring people to the

:42:36. > :42:40.south side of Glasgow and I welcome the funding. Will he go further and

:42:41. > :42:44.commits to meeting with me `nd local people who are keen to build up the

:42:45. > :42:50.south side as a tourist place to raise the profile? I am happy to

:42:51. > :42:55.meet with the honourable melber and anyone who wants to come with him,

:42:56. > :42:59.if there are sensible projects we can funding Glasgow we will look at

:43:00. > :43:03.them. My view is as well as the Barnett formula and the block grants

:43:04. > :43:09.to Scotland, it doesn't mean the UK government has done all it can do to

:43:10. > :43:22.Glasgow. That is why we support the collection today and the other other

:43:23. > :43:27.ideas, we can fund them to. 350 million pounds is allocated for

:43:28. > :43:31.flood defence schemes in Hulber Can he give an assurance the

:43:32. > :43:38.strategically important Humber ports will be prioritised in the

:43:39. > :43:43.allocation? He has been a champion of flood defences on the Hulber The

:43:44. > :43:46.environment agency is looking at the big long-term scheme that h`s been

:43:47. > :43:49.put forward and I will make sure they take a serious look at what

:43:50. > :43:58.they can do to protect the industries. Continuing with the

:43:59. > :44:03.Humber theme, I welcome the Chancellor's share of the ?0 million

:44:04. > :44:10.to Hull city of culture 2017 which takes the total to 5 million. Can I

:44:11. > :44:13.point out that if he is serhous about the Northern Powerhouse and

:44:14. > :44:19.investing in the arts, it compares badly with the fact there is an arts

:44:20. > :44:25.campus in Battersea getting 150 million, an unspecified arts project

:44:26. > :44:28.at the Olympic site and 150 million for London museums. Can he think

:44:29. > :44:37.again about what the Northern Powerhouse and arts means? H do not

:44:38. > :44:43.think the sum on the Battersea projects is quite right. I lake no

:44:44. > :44:47.apology that we should invest in our great national museums wherdver they

:44:48. > :44:52.are, whether in the Museum of science in Manchester, Glasgow, the

:44:53. > :44:57.science Museum and the and ` in London. They are all part of what

:44:58. > :45:02.makes the UK a fantastic pl`ce to visit -- Victoria and Albert Museum.

:45:03. > :45:11.I will look seriously at proposals that she puts forward for investment

:45:12. > :45:15.in the arts in Yorkshire, wd made a big investment in arts in M`nchester

:45:16. > :45:20.in the Autumn Statement and we have committed money to determind

:45:21. > :45:24.correction coming to Hull and we have renovated a number of luseums

:45:25. > :45:38.in Harle buster but she has new ideas, neighbouring MP... -, Hull.

:45:39. > :45:42.In the context of increased capital investment in transport, max I ask

:45:43. > :45:49.him to say more about the progress of the Hendy review and the East

:45:50. > :45:56.West rail project which is vital to unlocking economic growth in Milton

:45:57. > :46:02.Keynes. Well, Peter Hendy is doing an excellent job in a sorting out

:46:03. > :46:10.the finances of Network Rail system we funded the projects in the

:46:11. > :46:14.controlled period five and funded additional spill-overs into control

:46:15. > :46:25.period six. East West rail hs an important project and it will go

:46:26. > :46:30.ahead. The climate change exemptions leave steel company is no bdtter off

:46:31. > :46:36.cash wise, the partial exemptions which leave the new it perm`nent

:46:37. > :46:39.exemption as close to worthless The Chancellor announced an exelption to

:46:40. > :46:46.his carbon price of road tax, where is it? We are providing a pdrmanent

:46:47. > :46:52.exemption to the maximum amount allowed by EU stables for steel

:46:53. > :46:58.industries in his constituencies and elsewhere and chemicals and other

:46:59. > :47:02.energy intensive industries and this will be a permanent exemption rather

:47:03. > :47:12.than a grant from the busindss department making it more

:47:13. > :47:17.sustainable going forward. Could I welcome the ?50 million invdstment

:47:18. > :47:19.in the agriculture and the protection for the North York Moors

:47:20. > :47:24.both of which are in my constituency. And also the

:47:25. > :47:28.production levy and Willy wdlcome the comments during my visit to

:47:29. > :47:36.carry foods that the levy whll mean more local people and less people

:47:37. > :47:41.from abroad? -- will he. My honourable friend is right. We have

:47:42. > :47:47.been boosting skills in his constituency in Yorkshire, funding

:47:48. > :47:50.the great national parks of Yorkshire, and we have also been

:47:51. > :47:54.able to invest in one of our great British industries which dodsn't

:47:55. > :48:00.always get mentioned which hs farming. And the big investlent we

:48:01. > :48:13.are making in science with these four centres is something I think

:48:14. > :48:19.will be welcomed. Can the Chancellor explain why the OBR has fordcast

:48:20. > :48:27.that household debts to income levels are set to rise to above

:48:28. > :48:30.pre-crash levels? Well, thex are forecasting a rise in household

:48:31. > :48:34.debts which is partly reflected in a rise in house prices and hotsehold

:48:35. > :48:37.assets against which the debt is secured. But of course therd was a

:48:38. > :48:43.big difference from the unsdcured debt we found in 2008 and a big

:48:44. > :48:46.difference we now have is the Bank of England with a Financial Policy

:48:47. > :48:51.Committee which can step in when they CDs debt levels reach worrying

:48:52. > :48:59.levels and the Governor of the Bank of England signalled yesterday

:49:00. > :49:02.concern about buy to let prhces and he is receiving the powerless to do

:49:03. > :49:12.something about it. A big change from five years ago. My constituency

:49:13. > :49:17.wants to thank him for the enterprise zone that will create

:49:18. > :49:21.thousands and thousands of jobs looking at the education funding

:49:22. > :49:24.which is unfair to Dorset and also the incentives to take on

:49:25. > :49:29.apprenticeships which is so important for the future economy and

:49:30. > :49:36.the young people of the country Well, I want to thank him, Dorset is

:49:37. > :49:39.a fantastic county. The entdrprise will be a great success and schools

:49:40. > :49:43.in Dorset will be boosted bx the announcement today on the ftnding

:49:44. > :49:47.formula and he is right, we want great jobs in Dorset available to

:49:48. > :49:55.local people city apprenticdships fund means locals will have the

:49:56. > :49:58.skills to get the jobs. I sde the Chancellor forecast public sector

:49:59. > :50:07.net borrowing increasing significantly, then miraculously

:50:08. > :50:10.hitting the Chancellor's 10 billion surplus by 2020. How can thd chance

:50:11. > :50:14.to be sure of keeping interdst rates are low enough, long enough to even

:50:15. > :50:22.have a hope of hitting this optimistic target in a decade of

:50:23. > :50:26.austerity? Well, I do not know if he miss read the table but net

:50:27. > :50:34.borrowing has fallen on pagd 14 and then it reaches the surplus. Can I

:50:35. > :50:37.thank the Chancellor for his unswerving commitment to welfare

:50:38. > :50:43.reforms enabling him to invdst in schools, defence, NHS and in

:50:44. > :50:46.particular for his investment in infrastructure. Can he confhrm he

:50:47. > :50:52.will take a close interest hn the future of science jobs and the

:50:53. > :51:02.investment planned on the A303 in Stonehenge? I can give him the

:51:03. > :51:06.assurance. I am keen to support the science hub he has championdd and to

:51:07. > :51:12.make sure as public health laboratories move that we btilt up a

:51:13. > :51:15.strong science hub and that will be helped by the improved transport

:51:16. > :51:25.connections including a hugd billion pounds investment in the A303 past

:51:26. > :51:29.Stonehenge. Given the Chancdllor unwillingness, not inabilitx, to

:51:30. > :51:35.answer any of the questions posed by the honourable member from Dundee

:51:36. > :51:42.East, can I ask again how mtch has been set aside for reconstrtction in

:51:43. > :51:46.Syria? The overseas aid budget which is going up substantially as the

:51:47. > :51:52.economy grows, is being refocused so as well as helping the worlds

:51:53. > :51:57.poorest in sub-Saharan Africa and in Pakistan, we will also have money to

:51:58. > :52:02.help those states on the borders of Europe that are fragile or failing,

:52:03. > :52:06.50% of the overseas aid budget will be going towards those fraghle and

:52:07. > :52:11.failing states in the world and we are able to increase the resources

:52:12. > :52:16.going to Lebanon, Jordan, the camps in Turkey that are helping refugees

:52:17. > :52:19.of that terrible crisis and ahead the SNP looks carefully at the

:52:20. > :52:27.arguments the prime minister will make tomorrow this house. I welcome

:52:28. > :52:32.the recalibration on tax crddits, in my dealings with him he was prepared

:52:33. > :52:41.to listen, polite and understanding of consensus on flood defence

:52:42. > :52:45.spending, he the Humber schdme which has been pooh-poohed. It is

:52:46. > :52:49.important for the Humber. C`ni assure us he will do everything to

:52:50. > :52:56.come up with a scheme that properly defends the Humber and the

:52:57. > :52:59.investment? Yeah, I can givd him the assurance and I thank him for what

:53:00. > :53:04.he said about the fact we h`ve had a constructive dialogue and I have

:53:05. > :53:09.always been prepared to listen to the concerns he raises which I think

:53:10. > :53:13.our heartfelt from him. On the Humber, of course we have worked

:53:14. > :53:18.together to cut the bridge tolls, get the enterprise zone and the

:53:19. > :53:23.Siemens factory and to get the new roads to Immingham and on the flood

:53:24. > :53:26.defences, this has taken tile but we are trying to work on a sustainable

:53:27. > :53:33.solution that will protect the businesses of the Humber estuary. I

:53:34. > :53:36.know he feels strongly about this as does his his neighbour. Let's work

:53:37. > :53:41.together and see if we can love forward with the environment

:53:42. > :53:46.agency. Let's try to make stre the scheme meets the assessments. When

:53:47. > :53:52.the Chancellor says he will permanently exclude energy hntensive

:53:53. > :53:55.industries like steel from environmental taxes, is he hncluding

:53:56. > :54:00.the Carbon floor tax which the government unilaterally introduced

:54:01. > :54:11.in previous years? Well, thd exclusion from the energy bhlls is

:54:12. > :54:14.for the various tariffs and we are announcing the result of thd

:54:15. > :54:20.long-term consultation which we announced at last years budget on

:54:21. > :54:26.energy taxes. Will have an `nswer them. Across every government

:54:27. > :54:29.department, the Chancellor hs investing in a nationwide dhgital

:54:30. > :54:36.revolution which I warmly wdlcome but can I ask him to heed the 1 0

:54:37. > :54:42.members of Parliament who asked him to invest in broadband to m`ke all

:54:43. > :54:48.of that possible? 1.7 billion, we are committing to superfast

:54:49. > :54:52.broadband ash broadband. We are as he knows, looking at a univdrsal

:54:53. > :54:59.service obligation on the tdlecoms companies to reach more companies as

:55:00. > :55:02.the other utilities all ready have. He is right, broadband is vhtal for

:55:03. > :55:07.the economic future of the country and helps rebalance the economy not

:55:08. > :55:15.just geographically from north to south but also in the rural areas of

:55:16. > :55:18.the country where it is possible to run really successful international

:55:19. > :55:29.businesses in a way it simply wasn't decades ago. In the blue book, a

:55:30. > :55:32.little detail to the Chancellor s announcement of the expansion in

:55:33. > :55:37.Social Security conditionalhty. It is estimated there will be 0.3

:55:38. > :55:40.people caught up in this, c`n he confirm whether he will be dragging

:55:41. > :55:48.the sick and disabled to job centres every week? Firstly, there hs

:55:49. > :55:52.additional support for disabled people who want to get into work.

:55:53. > :55:58.There is help for people who have been unemployed for 18 months with

:55:59. > :56:02.the help to work scheme. Thd additional conditionality rdferred

:56:03. > :56:07.to is those people who are currently on housing benefit who do not have

:56:08. > :56:12.the conditionality, housing benefit becomes part of universal credit and

:56:13. > :56:25.so it is one category we can extend this conditionality to.

:56:26. > :56:38.Can I thank him for the ?250 million commitment. Does my honourable

:56:39. > :56:43.friend agree that Kent on the front line of cross-border trade `nd

:56:44. > :56:47.movement of people is a place that deserves special treatment `nd

:56:48. > :56:52.spending at times? Kent is ` very special place, the Garden of

:56:53. > :56:58.England. My honourable friend came with other honourable friends of

:56:59. > :57:05.Kent, they came to see me and made an argument of what would h`ppen if

:57:06. > :57:09.the Channel Tunnel was blocked. This is a quarter of ?1 billion

:57:10. > :57:13.commitment to finding a perlanent solution to that. I can graduate him

:57:14. > :57:23.and other MPs on a successftl campaign. I am sure the Chancellor

:57:24. > :57:37.will have forgotten the question on we building Syria. How much has the

:57:38. > :57:43.set-aside for the city deals -- for Aleppo and other cities. We have an

:57:44. > :57:49.overseas aid budget, 50% of that budget is going to go to fahling

:57:50. > :57:58.states. If there was a political solution... If there was a political

:57:59. > :58:03.solution in Syria which enabled them to go to Aleppo and Damascus, we

:58:04. > :58:11.would spend sums in rebuildhng those cities. It is unrealistic of them

:58:12. > :58:14.are skiing about the city ddal in Aleppo, which is in the middle of a

:58:15. > :58:21.civil war which we are trying to end. I very strongly welcomd my

:58:22. > :58:28.right honourable friend's announcement on police spending And

:58:29. > :58:32.the progress being made on green taxes, in relation to the steel

:58:33. > :58:40.industry. Could he clarify when the exemption will kick in? First of

:58:41. > :58:44.all, my honourable friend, who I believe is the son of policd

:58:45. > :58:48.officers, made a persuasive argument to me and we discussed about what we

:58:49. > :58:54.can do to support our policd. I think he has done as parents and

:58:55. > :59:00.constituents proud. What I can say to him is the support for the energy

:59:01. > :59:05.intensive industries has bedn provided by a budget this ydar and

:59:06. > :59:11.there will be an exemption from the green tariffs in the years `head. In

:59:12. > :59:16.addition to the threats to thousands of jobs and my constituency in

:59:17. > :59:26.Revenue and Customs, propos`ls have been announced by Web help `nd shop

:59:27. > :59:33.direct to transfer jobs to South Africa. What in the statement will

:59:34. > :59:36.encourage such companies to remain, or as the Chancellor says, say here

:59:37. > :59:44.in Britain, especially in lhght of the cuts in the new budget? I would

:59:45. > :59:49.suggest that the way that wd support his constituents, make sure that

:59:50. > :59:53.businesses invest here, is by having a competitive place to do btsiness.

:59:54. > :59:58.He is right to draw attention to the fact that companies can choose to

:59:59. > :00:03.locate anywhere in the world. How do we address that? We make Brhtain the

:00:04. > :00:07.place to invest, Liverpool the place to invest. We attract those

:00:08. > :00:10.businesses here, Britain and attracted more investment into this

:00:11. > :00:16.country than the rest of Europe will stop as I was setting out today in

:00:17. > :00:20.the Autumn Statement, our overall investment in our economy is going

:00:21. > :00:25.up this year than any other G7 economy and will go up next year and

:00:26. > :00:33.the year after. It will produce the jobs that he wants to see for his

:00:34. > :00:37.constituents. Can I thank the Chancellor 40 statement which I

:00:38. > :00:41.believe will be welcomed by my constituents. Over the last few

:00:42. > :00:44.months I have received several representations regarding the need

:00:45. > :00:51.to be able to meet the growhng costs of social care in North Walds. Could

:00:52. > :00:54.I ask how the necessary new social care precept increase and the better

:00:55. > :01:00.care fund will apply to Walds, bearing in mind that local

:01:01. > :01:07.government functions as devolved. The Barnett formula will apply. I am

:01:08. > :01:13.happy to write to him with ` specific support we can givd to

:01:14. > :01:19.social care in Wales. As I say, by relatively protecting the NHS and

:01:20. > :01:22.things like social care herd in England, his constituents are

:01:23. > :01:27.beneficiaries of that through the Barnett formula, and crucially new

:01:28. > :01:31.funding floor will help provide protection. I will write hil

:01:32. > :01:38.specifically on the devolved arrangements and social card. I

:01:39. > :01:41.would like to associate mysdlf with the comments made by my Labour

:01:42. > :01:50.sisters about the tampon tax. I would like to see this Chancellor

:01:51. > :01:54.help us implement one aspect of our manifesto. I have been asking this

:01:55. > :02:07.from his statement since July, how does he intend to make women prove

:02:08. > :02:14.that they would have had thdir third child through rape. Will be

:02:15. > :02:20.protections put in there for people who have to go abroad as a result of

:02:21. > :02:26.bereavements and their family? All of these matters are of the highest

:02:27. > :02:30.importance. Sometimes members suffer short-term memory loss. Our hearts I

:02:31. > :02:35.can remain the House of the merits of questions. -- remind the House.

:02:36. > :02:45.Let me take the last point which she raises. At the moment, you can leave

:02:46. > :02:48.this country for up to 13 wdeks and continue to receive housing benefit

:02:49. > :02:54.and pension credit without `ny explanation of why you have let for

:02:55. > :03:01.13 weeks. That is a long tile for people. We are reducing that to one

:03:02. > :03:05.month, which is still a long period of time. There is a specific set of

:03:06. > :03:12.arrangements to help at a discretionary support to help people

:03:13. > :03:16.who might have exceptional circumstances that she has

:03:17. > :03:20.described, like a bereavement, and we will come forward as part of the

:03:21. > :03:24.Welfare Reform Bill, with the results with the work we have done

:03:25. > :03:30.and taken on the issues she raises about rape and violence. Can I can

:03:31. > :03:35.graduate and thank the Chancellor for securing enterprise zonds for

:03:36. > :03:41.Carlisle. This is hugely significant for the area and I look forward to

:03:42. > :03:50.him visiting when the site hs full. If businesses to invest likd -- in

:03:51. > :03:54.places like this, there has to be a policy. It is important that this

:03:55. > :04:00.government ensures that bushness excess is central to governlent

:04:01. > :04:05.policy. My honourable friend is right. He is a champion of bringing

:04:06. > :04:08.businesses to Carlisle. I h`ve had a number of visits with them to

:04:09. > :04:13.parallel businesses, like the sawmill we went to, like thd

:04:14. > :04:18.construction that was being undertaken in Carlisle to provide

:04:19. > :04:22.new homes for people there. He is right, at nine of these things are

:04:23. > :04:27.possible, if people do not build houses, businesses don't expand and

:04:28. > :04:30.they do not have confidence in the long-term plan of the government. We

:04:31. > :04:44.have been able to provide a new business son for the area of

:04:45. > :04:48.Carlisle. -- zone. I asked the Chancellor to ask this question

:04:49. > :04:53.about any bluster about oil and fiscal frameworks. I want hhm to

:04:54. > :04:56.provide a 1 word answer. In the cause of this government, is the

:04:57. > :05:03.Scottish revenue grants going to suffer a cut? The block grant is

:05:04. > :05:08.going up and there is a big increase in the capital budget. And hf

:05:09. > :05:13.Scotland had become independent and the SNP had had its way, thdre would

:05:14. > :05:18.be savage cuts because the OBR have confirmed a massive fall in oil

:05:19. > :05:24.revenue income, which would have devastated Scotland if it h`d become

:05:25. > :05:38.con -- independent. But thankfully Scotland as part of a strong United

:05:39. > :05:46.Kingdom. Order. Can I ask, what she here throughout the statement? She

:05:47. > :05:49.was. We will hear from her. A good educational not only enables our

:05:50. > :05:56.children to reach their full potential but it is empowerhng. Can

:05:57. > :05:59.I thank the Chancellor for protecting our schools budgdt and

:06:00. > :06:03.also for the good news for the commitment for the new fundhng

:06:04. > :06:10.formula which will mean so luch to our rural constituents. Her

:06:11. > :06:16.constituency is dear to my heart, since my father grew up near the

:06:17. > :06:23.town of upfield. I have been to see the area. She is right that the

:06:24. > :06:27.support we give in this statement and East Sussex is compelling. It

:06:28. > :06:33.means that we can support the schools and her constituencx, which

:06:34. > :06:39.she has been a strong champhon. Following England's series when

:06:40. > :06:43.against England, I am delighted that the government is supporting the

:06:44. > :06:48.campaign for the Rugby World Cup. There were problems on the trains.

:06:49. > :06:53.Will he bring forward plans to electrify the trans-Pennine line and

:06:54. > :06:58.others which are important to his Northern powerhouse? I am glad the

:06:59. > :07:02.honourable gentleman has noticed the bid we have made for the Rugby World

:07:03. > :07:08.Cup and let's hope we are more successful, or England is more

:07:09. > :07:13.successful, indeed all the teams are more successful than the Rugby Union

:07:14. > :07:17.World Cup. The trans-Pennind train route is being electrified `s fast

:07:18. > :07:22.as possible in engineering terms. There is not a question of loney

:07:23. > :07:27.here. We have said we will spend the money required for electrifhcation.

:07:28. > :07:32.The timetable is being dict`ted by what is possible when it coles to

:07:33. > :07:46.engineering. I am confident we are making it as fast as we can. The

:07:47. > :07:49.Chancellor seems to find thd formula of oil amusing, where in thd real

:07:50. > :07:54.world it means job losses and companies going to the wall. When

:07:55. > :07:56.will he stopped laughing and start delivering the support for

:07:57. > :08:08.exploration that the industry requires? It is now the SNP policies

:08:09. > :08:13.that they want a higher oil price. Motorists will have to pay lore for

:08:14. > :08:17.their car journeys. All the non oil businesses have to pay more as

:08:18. > :08:21.well. The world oil price is not something that even the Scottish

:08:22. > :08:26.National 's party is in control of. It changes. What we have got to do

:08:27. > :08:29.is that we have to make surd we have brilliant industry in the North Sea

:08:30. > :08:38.is supported during the ups and downs of the world oil is -, price

:08:39. > :08:41.cycle. We have provided addhtional support for exploration, we have

:08:42. > :08:46.stepped in with the industrx to create the oil and gas authority for

:08:47. > :08:50.the UK, to make sure it can do all it can to get every drop of oil we

:08:51. > :08:54.can out of the North Sea and the gas, too. I would have hoped you

:08:55. > :08:58.would want to work with us to make that possible. The support would not

:08:59. > :09:07.be possible if Scotland was independent. Last but not ldast Mr

:09:08. > :09:11.Jim Shannon. It is always a pleasure to speak in this House. Thank you

:09:12. > :09:17.very much for the good things you are giving Northern Ireland. Next

:09:18. > :09:23.Tuesday will be world aids Day. The latest figure for the United Kingdom

:09:24. > :09:34.saw a rise in HIV. And sexu`lly transmitted diseases. Many clinics

:09:35. > :09:43.where diagnosis of STI 's t`ke place, were having funding rigid

:09:44. > :09:48.juiced. -- reduced. Can he confirm if this is the case? The honourable

:09:49. > :09:53.gentleman is right to draw `ttention to world aids Day. He is right to

:09:54. > :09:56.draw attention that we are funding the national health service,

:09:57. > :10:02.therefore we can support sexually transmitted disease screening and

:10:03. > :10:07.research and of course the support we give to people with HIV `nd

:10:08. > :10:14.aids. Also, in the announcelents this week, we have included ?1

:10:15. > :10:19.billion fund named after a noble laureate of this country. That will

:10:20. > :10:27.go towards helping disease research and could well include the disease

:10:28. > :10:32.that he mentioned. Order. I thank the Chancellor, the Shadow

:10:33. > :10:44.Chancellor. And all colleagtes, three hours and ten minutes later,

:10:45. > :10:50.they can have a cup of tea. Thanks, Jon. I have to notify the House in

:10:51. > :10:55.accordance with the Royal assent act, 1967. That Her Majesty has

:10:56. > :11:03.signified her royal assent to the following act. Northern Ireland

:11:04. > :11:11.welfare and format act 2015. Order. We come now to the ten minute rule

:11:12. > :11:17.motion of which the honourable member has been patiently w`iting.

:11:18. > :11:27.Mr Angus MacNeil.