The Growth Plan Debate

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Department: HM Treasury

The Growth Plan

George Freeman 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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My right hon. Friend the Secretary of State for Business, Energy and Industrial Strategy is looking at the heating oil issue and we will come to a decision on Northern Ireland imminently.

George Freeman Portrait George Freeman (Mid Norfolk) (Con)
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I thank the Chancellor for putting growth at the heart of his mission at the Treasury and for challenging Treasury orthodoxy, and making that the priority. I thank him in particular for recognising the potential of Norfolk.

Does the Chancellor agree that there are different types of growth? We need growth that drives levelling up, strengthens the Union and drives innovation for higher productivity. Science, technology and innovation are fundamental to that. Does he echo the comments of my right hon. Friend the former Chair of the Science and Technology Committee that we need the Treasury to move quickly to unlock private investment in fast growing sectors?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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My hon. Friend is absolutely right; I pay tribute to his service as Science Minister when I was Secretary of State for BEIS. We worked closely together then and I hope that we can do so now, to make sure that the Treasury and other Departments are as focused on the science and technology agenda as my hon. Friend.