Proceeding contribution from Stewart Hosie (Scottish National Party) in the House of Commons on Thursday, 28 October 2010. It occurred during Debate on Comprehensive Spending Review.
Comprehensive Spending Review
What I did, possibly before the hon. Gentleman was a Member of the House, was to table amendments to previous legislation to set out a much more sensible framework for a proper programme of fiscal consolidation, based on the successful New Zealand model, rather than the flawed Canadian model that his party and the Liberal party are now following. One of the things that I find extraordinary, which the Chief Secretary could not explain earlier, was the lack of detail in the Government's plans. The Department for Transport is expected, among other things, to reduce its administrative costs by one third—£100 million a year. The Department for Business, Innovation and Skills is expected, among other things, to reduce its administrative costs by £400 million. In the Home Office, the UK Border Agency is expected to cut its support function costs by £500 million. I am not necessarily saying that that cannot be done: what I am asking is how. Which offices will close, how many jobs will be lost, how many staff will be sacked, and where are they located? Of the 42,000 job losses in the military—the 25,000 civilian and the 17,000 uniformed —which ones are those, in which units, where are they currently based, and when will they go? Why would not or could not the Chief Secretary give us that information today? It gives the impression that the Government are making it up as they go along. I am aware that time is short and I know that many other Members want to speak, so I have a specific question for Treasury Ministers. Page 50 of the comprehensive spending review makes it clear that"““interest rates on Public Works Loan Board (PWLB) loans have been increased to 1 per cent above UK government gilts.””" It goes on to add, unsurprisingly:"““The amount of self-financed capital expenditure is forecast to fall by 17 per cent over the four years.””" This will bring in to the Government, according to the table on page 12, £1.3 billion. That will be about £120 million from Scotland. Will the Minister please confirm that there will be a requirement in Scotland for another £120 million of cuts, and £1.3 billion of cuts throughout the whole of the UK, in order to find the money to pay the extra £1.3 billion in interest charges because of the increase on Public Works Loan Board loans? I would be grateful for confirmation of that today.
Secondary information
- Type
- Proceeding contribution
- Reference
- 517 c550-1
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Cost effectiveness Government departments Economic growth Public expenditure Economic recession
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- View this Proceeding contribution on www.publications.parliament.uk
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