Opposition Day — Bring Forward Infrastructure Investment Including New Homes — 12 Feb 2013 at 18:46

The majority of MPs voted against bringing forward infrastructure investment including building thousands more affordable homes.

The motion rejected by the majority of MPs in this vote was:

• That this House
• notes with concern the latest GDP figures from the Office for National Statistics, showing that the UK economy has now shrunk in four of the last five quarters;
• believes that investment in infrastructure is vital to the economy’s short term recovery and long term prosperity;
• further notes that, half way through the Government’s term of office, many of the major projects promised in the National Infrastructure Plan are yet to start work;
• further notes the admission of the Deputy Prime Minister, in the House Magazine of 24 January 2013, that the Government cut capital spending too deeply, and that figures from the Office for Budget Responsibility show that in the first three years of this Government’s term it has spent £12.8 billion less in capital investment than the last Government had planned;
• further believes that private sector investment has also been hit by weak demand and confidence in the UK’s flat-lining economy, and uncertainty resulting from the Treasury’s dithering, delay and lack of leadership;
• welcomes the independent review of long-term infrastructure planning undertaken by Sir John Armitt; and
• calls on the Government to act now to kick start the UK’s flat-lining economy by genuinely bringing forward infrastructure investment including building thousands more affordable homes.

Debate in Parliament | Source |