Catherine Atkinson
Main Page: Catherine Atkinson (Labour - Derby North)Department Debates - View all Catherine Atkinson's debates with the HM Treasury
(1 day, 9 hours ago)
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Rachel Reeves
The Northern Ireland Executive came to us asking for additional money this year to fund their priorities, which we have provided. Today’s settlement includes an extra £380 million in day-to-day spending and £10 million in capital spending for the Northern Ireland Government to invest. If the hon. Lady does not want that money, I am sure other parts of the country would like it.
Catherine Atkinson (Derby North) (Lab)
Derby will be the home of Great British Railways, which, with rail continuing its journey back into public ownership, will be focused on serving passengers rather than profit. Under the previous Government, rail fares rose by 60% between 2010 and 2024. Under Labour, they are frozen. Does the Chancellor agree that bold measures such as that to tackle travel costs will help bring down the cost of living?
Rachel Reeves
I was pleased in the Budget last year to announce the plan for Derby, alongside my hon. Friend and her neighbour the Member for Derby South (Baggy Shanker) and the Mayor of the East Midlands. Derby will benefit from hosting Great British Railways, and we will all benefit from better train services under Great British Railways. Rolls-Royce will benefit from higher defence spending and higher energy spending, including on small modular reactors, bringing more good jobs paying decent wages to Derby.