Treasury written question – answered at on 25 October 2021.
Catherine West
Shadow Minister (Foreign and Commonwealth Affairs)
To ask the Chancellor of the exchequer, if he will commit to new funding for local authorities to repair damaged roads and potholes.
Helen Whately
The Exchequer Secretary
This Government recognises that maintaining local roads is a key priority for local communities and businesses.
At the last Spending Review, the Chancellor committed £1.125 billion in 2021/22 for local roads maintenance including the £500 million Potholes Fund committed in the manifesto. This represents a £125 million increase on typical annual funding from Spending Review 2015.
Maintenance in London, including repairing potholes, is a matter for Transport for London and the London Boroughs. This Government has supported TfL with c£4bn in emergency Covid support since the start of the pandemic.
We will set out future highways maintenance funding at Spending Review 2021.
Yes1 person thinks so
No1 person thinks not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.