Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Bill Esterson Excerpts
Tuesday 29th October 2024

(2 days, 14 hours ago)

Commons Chamber
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Darren Jones Portrait Darren Jones
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The Government are fully committed to ensuring that investment in all parts of the UK, including the north of England, creates growth and impact for working people. The north of England is home to crucial levers to achieve this, as evidenced by our recent announcements on Teesside and Merseyside, which will create thousands of jobs and secure long-term futures. The detail of individual projects will be confirmed in due course.

Bill Esterson Portrait Bill Esterson (Sefton Central) (Lab)
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The creation of the national wealth fund, and the record success of the £63 billion of investment announced at the investment summit, comes on top of investments that Ministers have just announced in carbon capture in the north-west. Those are examples of the success—

Lindsay Hoyle Portrait Mr Speaker
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Order. The hon. Gentleman is a very good Member who has been here a long time. Please try to look at me occasionally; it would be helpful.

Bill Esterson Portrait Bill Esterson
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The successful investments announced are a great example of this Government delivering jobs and economic growth, in the north of England and across the country. Does my right hon. Friend agree that this is in stark contrast to the abysmal record of the Conservative party in its 14 years in government?

Darren Jones Portrait Darren Jones
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My hon. Friend rightly points out that this country faces a choice: investment or decline. As we saw at the general election, it chose investment, and that is what the Government will deliver.