Infrastructure Investment: South-west

Oral Answers to Questions — Treasury – in the House of Commons on 3rd July 2018.

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Photo of Steve Double Steve Double Conservative, St Austell and Newquay

What steps he is taking to invest in infrastructure in Cornwall and the south-west.

Photo of Robert Jenrick Robert Jenrick The Exchequer Secretary

The Government are investing in the infrastructure of the south-west. We are investing £2 billion in the strategic road network, including to transform the A303/A30/A358 into an expressway. We are delivering £146 million of investment in Cornish rail and, thanks to my hon. Friend’s efforts, we are investing £79 million in the A30 to St Austell link road.

Photo of Steve Double Steve Double Conservative, St Austell and Newquay

Cornish wages continue to lag around 30% below the national average. The national productivity investment fund is designed specifically to increase wages and living standards; will my hon. Friend tell the House how much of that fund is being spent in Cornwall and the south-west?

Photo of Robert Jenrick Robert Jenrick The Exchequer Secretary

We are investing significant funds, including £92 million to tackle congestion in the south-west and a portion of a £200 million fund for full fibre, and we are providing £40 million for small and medium-sized enterprises through the British Business Bank, which will go to Cornish small businesses.