House Building and Regeneration: Domestic Supply Chains

Part of Treasury – in the House of Commons on 7th July 2020.

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Photo of Steve Barclay Steve Barclay The Chief Secretary to the Treasury

If the hon. Gentleman had listened to the answer I gave a moment ago, he would have seen that we are learning from the lessons of the 2008 crash. One of the measures that was put in place then saw a fall of a third in the number of small house builders, so part of the £450 million fund is providing the finance to enable small house builders to build the schemes that Members on both sides of the House agree on. It is about learning the lessons of the schemes that Labour put in place in 2008, which led to a fall in construction work.