Economic Growth Debate

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Department: HM Treasury

Economic Growth

Callum Anderson Excerpts
Monday 7th September 2026

(1 month ago)

Commons Chamber
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Emma Reynolds Portrait Emma Reynolds
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The hon. Gentleman invites me to write the next Budget, and I am not going to do that.

Callum Anderson Portrait Callum Anderson (Buckingham and Bletchley) (Lab)
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The Chief Secretary to the Treasury is right that the UK has a vibrant ecosystem of innovative companies, but too many are looking to go overseas to realise their scale-up potential and become globally consequential companies, so I very much welcome the focus on using the state as a strategic partner to help them do that. That was exactly the message I heard from the chief executive officers and founders of companies whom I met in the summer. How will the Treasury work across Whitehall and the wider public sector to help drive that cultural mindshift?

Emma Reynolds Portrait Emma Reynolds
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I thank my hon. Friend for his question and his work on this agenda. I reassure him that, as the Chancellor set out this morning in his growth speech, we will work across Departments to ensure that we open up public procurement to smaller and start-up businesses, so that they stay here, rather than go elsewhere when they scale up?