Commons Sense

House of Commons · Ministers' Questions

Bolton: Public and Private Investment

Tuesday 15 November 2022 · 3 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 0 Partly answered 2 Not answered 0

Key points

  • Government invested 20 million in Bolton College of Medical Sciences through the levelling-up fund.
  • Bolton received 22.9 million from the towns fund for economic purposes.
  • Government does not routinely estimate private investment levels in Bolton.

Topics (select to filter)

Questions & Answers

Q1 Yasmin Qureshi Lab Bolton South and Walkden
Economy
Context

The MP is concerned about the level of public and private investment in her constituency, particularly after recent government initiatives.

Question

What recent estimate has been made of levels of (a) public and (b) private investment in Bolton. I note that the Government have invested £20 million to create the Bolton College of Medical Sciences through the levelling-up fund, and Bolton received £22.9 million from the towns fund for economic and social regeneration.

Answer from John Glen

The Government have made significant public investments in Bolton, including £20 million for the Bolton College of Medical Sciences through the levelling-up fund and £22.9 million from the towns fund. However, the Government does not routinely estimate private investment levels.

Partly answered

Not addressed: Estimate of recent levels of private investment in Bolton

Was this summary accurate? Tell us

How accurate was this summary? (1 = poor, 5 = spot on)

Get updates like this by email
Q2 Yasmin Qureshi Lab Bolton South and Walkden
Economy Housing Benefits & Welfare
Context

The MP met with the chief executive of Bolton and Bury citizens advice bureau who reported a 10% funding cut by the Money and Pensions Service, equivalent to £22,000 or one staff member's salary.

Question

I met the chief executive of Bolton and Bury citizens advice bureau. Among its many services, it employs money advisers. However, due to a 10% funding cut by the Money and Pensions Service, my local branch will lose £22,000 or one staff member's salary. With demand for services doubling during energy and cost of living crises, how can the Chancellor push through such cuts? Will he reverse them?

Answer from John Glen

During the pandemic, additional Government grants were made available for debt advisers but some money was not used. There has been an attempt to review how this money is distributed, but I will take this matter back to the Economic Secretary to see what can be done.

Partly answered

Not addressed: Reversing the 10% funding cut

Was this summary accurate? Tell us

How accurate was this summary? (1 = poor, 5 = spot on)

Get updates like this by email
Q3 Jake Berry Con
Economy Business & Trade
Context

The MP is interested in public sector investment, particularly the Darwen town deal which invests £100 million. He seeks support from the Government for capital investment in manufacturing businesses.

Question

We welcome public sector investment such as the Darwen town deal investing £100 million. However, we are keenly interested to hear what those on the Treasury Bench will do to support capital investment, particularly in manufacturing businesses. We hope that in the forthcoming autumn statement the Government will give some support to our great manufacturers in Lancashire.

Answer from John Glen

Maintaining capital investment is critical. We focus on efficient use of funds, setting conditions for growth and ensuring outcomes are met.

Not addressed: Specific support for manufacturers in Lancashire

Was this summary accurate? Tell us

How accurate was this summary? (1 = poor, 5 = spot on)

Get updates like this by email