Member

The previous Government claimed they were levelling up the country. They made promise after promise to the British people, but the spending audit has uncovered that some of those commitments were not worth the paper that they were written on. At Autumn Statement last year, the former Chancellor announced £150 million for an investment opportunity fund, but not a single project has been supported from that fund. So following discussions with my right honourable friend the Deputy Prime Minister, I am cancelling it today, because if we cannot afford it, we cannot do it.