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House of Commons Hansard
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Local Transport Infrastructure
18 May 2020
Volume 676

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What fiscal steps he is taking to improve local transport infrastructure. [902685]

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What fiscal steps he is taking to improve local transport infrastructure. [902694]

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My hon. Friend the Member for Keighley (Robbie Moore) has, I know, been working hard to highlight the important pedestrian crossing issues in his constituency, and I am committed to working with him on that. He can benefit from the significant funding for cycling and walking included in the £2 billion announced recently.

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I thank my right hon. Friend for that response, and I am pleased to hear that he will work with me in delivering a pedestrian bridge. May I seek further reassurance that he will meet me and the transport team, so that we can deliver this vital piece of local infrastructure, which will connect Silsden and Steeton in my constituency?

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I am happy to continue to liaise with my hon. Friend on this important issue. He will know that, in addition to the £2 billion for walking and cycling, we also announced at the Budget £4.2 billion for long-term local transport. His authority, West Yorkshire Combined Authority, will be able to benefit from that.

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I thank the Treasury team for their leadership throughout this crisis. As they look at ways to stimulate our economy, will they consider issuing a UK green gilt as a specific way to fund local transport infrastructure and to affirm this Government’s commitment to climate change?

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My hon. Friend raises an important point. Although at present we have no plans to do as he suggests, he will be well aware, from the green finance strategy, that the Government remain open to the introduction of new debt instruments, and I am happy to continue to discuss the issue with him.