Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Desmond Swayne Excerpts
Tuesday 29th October 2024

(2 days, 12 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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We will set out more details in the Budget tomorrow, including the consequentials that will go to the Scottish Government.

Desmond Swayne Portrait Sir Desmond Swayne (New Forest West) (Con)
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Investment requires a measure of optimism, not the collapse in business confidence that the Chancellor has engineered. She would have done better to stress some of the positives that she inherited, wouldn’t she?

Rachel Reeves Portrait Rachel Reeves
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It is good to have an explanation of how to do my job from one of the Conservative Members who crashed our economy. Some £63.5 billion of investment into the UK was announced at our international investment summit—investment in life sciences, investment in data centres and digital, investment in clean energy—because businesses have confidence that this Government are bringing stability back to our economy and working with businesses to seize the opportunities. I am really excited about doing that in all parts of our country and working with business to do so.