Oral Answers to Questions Debate

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Department: HM Treasury
Tuesday 8th April 2025

(6 days, 15 hours ago)

Commons Chamber
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Emma Reynolds Portrait Emma Reynolds
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This is a whole-of-Government approach, and we have secured 60 commitments from key regulators to improving the business environment. The Government are streamlining regulation and stripping back its duplication, to ultimately deliver a regulatory system that encourages new investment, innovation and growth.

Dave Doogan Portrait Dave Doogan (Angus and Perthshire Glens) (SNP)
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Inward investment projects in Scotland grew by 12.7% in 2023, compared with 6% across the rest of the United Kingdom. 2023 saw record investment in Scotland, which maintained its position as the top-performing area of the UK for the ninth year running. International businesses want to locate in Scotland because they understand that GDP per person in Scotland has grown by 10.5%, compared with 6.5% in the rest of the UK, since 2007. What impact does the Chancellor think her fiscal interventions since October will have on the attractiveness of Scotland as a destination, and what discussions has she had with the Scottish Government about the jeopardy that she has placed our economy in?