The Growth Plan Debate

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Department: HM Treasury

The Growth Plan

David Rutley Excerpts
Friday 23rd September 2022

(2 years, 2 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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The focus of the growth plan is on growth—on getting our economy moving and getting to 2.5%. That is the lens through which I am looking at this problem. I am also happy to remind the hon. Gentleman that we are protecting the most vulnerable, through the energy intervention and other forms of support.

David Rutley Portrait David Rutley (Macclesfield) (Con)
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Growth sectors such as pharmaceuticals will no doubt welcome my right hon. Friend’s steps on corporation tax. Does he agree that supply-side reforms are also required, with the Department of Health and Social Care and BEIS working with greater urgency to approve and adopt clinically proven medical treatments to more fully realise the potential of the UK life sciences sector?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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I am pleased to confirm to my hon. Friend that that is exactly what we need to be driving forward. We need to be accelerating the process so that we can deliver outcomes more quickly. I pay tribute to the fact that he and I have been talking about these issues for many years now. I am pleased that he remains as focused on growth as he was many years ago.