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1472247

	registered interest
	date	21/06/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Infrastructure: Investment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made for the implications of his policies of the Institution of Civil Engineer’s recommendation that the National Infrastructure Strategy should be placed on a statutory footing to provide more clarity and guidance on where the UK Infrastructure Bank should focus.
	tabling member constituency	Wimbledon
	tabling member printed	Stephen Hammond
	uin	22386
	answer	answer is ministerial correction date of answer 27/06/2022 answer text <p>The government is committed to the approach to infrastructure that was set out in the National Infrastructure Strategy (NIS) in November 2020. This addresses the long-term issues that have held back investment in and delivery of UK infrastructure, and ensures a coherent cross-sectoral approach to decision-making. Given this clarity, there are no plans to legislate for the NIS.</p><p> </p><p>The Chancellor wrote to the UK Infrastructure Bank (UKIB) on 18<sup>th</sup> March 2022 to set out his strategic priorities for the Bank. The Chancellor’s first non-statutory strategic steer provided further details on the Bank’s objectives and scope. This letter has been published and is available on gov.uk. The Bank’s first strategic plan was published on 23<sup>rd</sup> June 2022, and is in line with the NIS and the Chancellor’s strategic steer, setting out the Bank’s focus and its plans for the next twelve months. The Government is currently legislating to place the UKIB on a statutory footing, in order to complete the Bank’s set-up as an operationally independent institution and to enshrine its objectives and activities in law.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 27/06/2022 13:52:09 answering member 4051 label Biography information for John Glen
	tabling member	1585 label Biography information for Stephen Hammond

1461848

	registered interest
	date	11/05/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Infrastructure: Investment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent steps his Department has taken to support investment in UK infrastructure.
	tabling member constituency	Hendon
	tabling member printed	Dr Matthew Offord
	uin	702
	answer	answer is ministerial correction date of answer 18/05/2022 answer text <p>The National Infrastructure Strategy was published in November 2020 and sets out the government’s plans for an infrastructure revolution.</p><p> </p><p>The Budget and Spending Review in October 2021 set out how the government will deliver on the commitments made in the Strategy, and went further, confirming a total of £100 billion of investment in economic infrastructure over the Spending Review period (2022/23-2024/25) to benefit every part of the UK.</p><p> </p><p>The new UK Infrastructure Bank also opened for business in June 2021 and is partnering with the private sector and local governments to increase investment in infrastructure. With £22 billion of financial capacity, the Bank has already successfully supported five loans including investing in clean energy, digital infrastructure and green transport.</p> answering member constituency Faversham and Mid Kent answering member printed Helen Whately question first answered 18/05/2022 12:39:26 answering member 4527 label Biography information for Helen Whately
	tabling member	4006 label Biography information for Dr Matthew Offord

1400319

	registered interest
	date	06/01/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Infrastructure: Investment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the implications for its policies of the analysis by the Institution of Civil Engineers that improving strategic planning of infrastructure investment would unlock more benefits than the current, siloed sector-by-sector approach, as outlined in its policy position statement, Evolving the UK strategic infrastructure planning system post-National Infrastructure Strategy, published July 2021.
	tabling member constituency	Wimbledon
	tabling member printed	Stephen Hammond
	uin	98906
	answer	answer is ministerial correction date of answer 14/01/2022 answer text <p>The government is committed to the approach to infrastructure that was set out in the National Infrastructure Strategy (NIS) in November 2020. This addresses the long-term issues that have held back investment in and delivery of UK infrastructure, and ensures a coherent cross-sectoral approach to decision-making.</p><p> </p><p>As committed to in the NIS, last year the government reviewed the National Infrastructure Commission’s (NIC’s) role and responsibilities, and the NIC’s fiscal remit. As a result of those reviews, at Spending Review 2021 the government updated the NIC’s objectives to reflect the government’s climate commitments and increased the NIC’s fiscal remit. These changes will inform the NIC’s Second National Infrastructure Assessment, to be published in 2023, which launched recently with the publication of a baseline report and will set out the NIC’s expert independent assessment of the UK’s economic infrastructure needs. ICE’s policy statement was one of the sources that informed the reviews, and ongoing engagement with industry stakeholders and representative organisations remains central to the government’s infrastructure strategy.</p> answering member constituency Faversham and Mid Kent answering member printed Helen Whately grouped question UIN 99034 question first answered 14/01/2022 09:19:18 answering member 4527 label Biography information for Helen Whately
	tabling member	1585 label Biography information for Stephen Hammond

1400449

	registered interest
	date	06/01/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Infrastructure: Investment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the implications for its policies of the analysis by the Institution of Civil Engineers that improving strategic planning of infrastructure investment would unlock more benefits than the current, siloed sector-by-sector approach, as outlined in its policy position statement, Evolving the UK strategic infrastructure planning system post-National Infrastructure Strategy, published July 2021.
	tabling member constituency	Bath
	tabling member printed	Wera Hobhouse
	uin	99034
	answer	answer is ministerial correction date of answer 14/01/2022 answer text <p>The government is committed to the approach to infrastructure that was set out in the National Infrastructure Strategy (NIS) in November 2020. This addresses the long-term issues that have held back investment in and delivery of UK infrastructure, and ensures a coherent cross-sectoral approach to decision-making.</p><p> </p><p>As committed to in the NIS, last year the government reviewed the National Infrastructure Commission’s (NIC’s) role and responsibilities, and the NIC’s fiscal remit. As a result of those reviews, at Spending Review 2021 the government updated the NIC’s objectives to reflect the government’s climate commitments and increased the NIC’s fiscal remit. These changes will inform the NIC’s Second National Infrastructure Assessment, to be published in 2023, which launched recently with the publication of a baseline report and will set out the NIC’s expert independent assessment of the UK’s economic infrastructure needs. ICE’s policy statement was one of the sources that informed the reviews, and ongoing engagement with industry stakeholders and representative organisations remains central to the government’s infrastructure strategy.</p> answering member constituency Faversham and Mid Kent answering member printed Helen Whately grouped question UIN 98906 question first answered 14/01/2022 09:19:19 answering member 4527 label Biography information for Helen Whately
	tabling member	4602 label Biography information for Wera Hobhouse

1276473

	registered interest
	date	13/01/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Infrastructure: Investment
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what plans they have to invest in infrastructure for local communities and businesses in order to address any impacts of the UK–EU Trade and Cooperation Agreement.
	tabling member printed	Viscount Waverley
	uin	HL12125
	answer	answer is ministerial correction date of answer 27/01/2021 answer text <p>At the Spending Review, the government set out key infrastructure commitments that will bolster local communities and businesses. Amongst others, this included £5 billion to support UK-wide gigabit broadband roll-out and £4.2 billion intra-city transport settlements, both of which will have a significant impact on local economic growth.</p><p> </p><p>The new Levelling Up Fund worth £4 billion for England, will attract up to £0.8 billion for Scotland, Wales and Northern Ireland in the usual way. This will invest in local infrastructure that has a visible impact on people and their communities and will support economic recovery. It will be open to all local areas in England and prioritise bids to drive growth and regeneration in places in need, those facing particular challenges, and areas that have received less government investment in recent years.</p><p> </p><p>Furthermore, the government announced a new infrastructure bank that will support private projects alongside lending to mayors and local authorities in order to support their infrastructure ambitions. The government will set out further details on the scale, mandate and operations of the Bank at the Budget.</p> answering member printed Lord Agnew of Oulton question first answered 27/01/2021 14:27:28 answering member 4689 label Biography information for Lord Agnew of Oulton
	tabling member	1744 label Biography information for Viscount Waverley

1144998

	registered interest
	date	05/09/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Infrastructure: Investment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps he is taking to ensure a long-term approach to infrastructure investment as recommended in the National Infrastructure Assessment.
	tabling member constituency	Dunfermline and West Fife
	tabling member printed	Douglas Chapman
	uin	287583
	answer	answer is ministerial correction date of answer 09/09/2019 answer text <p>As set out in Spending Round 2019, the Government will announce its ambitious plans for future capital spending later in the autumn, including through the publication of the National Infrastructure Strategy.</p><p> </p><p>This Strategy will set out the Government’s plans to deliver a step change in infrastructure investment to support the UK economy and will provide the Government’s official response to the National Infrastructure Assessment, which set out an assessment of the UK’s long-term infrastructure needs<strong>. </strong></p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 09/09/2019 15:00:41 answering member 3991 label Biography information for Jesse Norman
	tabling member	4402 label Biography information for Douglas Chapman