Oral Answers to Questions

Debate between Elaine Stewart and John Healey

Tuesday 8th September 2026 Commons Chamber

[Tristan Osborne (Chatham and Aylesford) (Lab)]

15. What steps he is taking to help ensure that the UK remains the fastest growing economy in the G7.

[The Chancellor of the Exchequer (John Healey)]

May I start by paying tribute to my predecessor, my right hon. Friend the Member for Leeds West and Pudsey (Rachel Reeves)? I am proud to have been a member of a Government with the first female Chancellor in 700 years. She did hard yards on the task of rebuilding Britain’s fiscal credibility, public services and levels of growth after 14 years of Conservative Governments’ failure. I now build on her work.

Yesterday, I set out the Government’s determination to see the next chapter of Britain’s growth story written in more places. That means more devolution and the combined force of the Government to get things done, back businesses and get more investment, innovation and jobs across the UK.

[Elaine Stewart]

Last week, the UK Government announced a financial boost of £11.8 million to support the regional economy across Ayrshire. The money will fund projects across Ayr, Carrick and Cumnock, supporting employability and business start-ups. Does my right hon. Friend agree that although the SNP is obsessed with centralising in Holyrood and taking away local powers, the route to regional economic growth lies in empowering local communities and local councils?