Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Graeme Downie Excerpts
Tuesday 3rd December 2024

(2 days, 2 hours ago)

Commons Chamber
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Darren Jones Portrait Darren Jones
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The Government have no overall estimate of the impact of the UK’s exit from the EU, but the OBR has projected a 4% drop in productivity in the long term. That is why we are starting negotiations with the EU to improve trade in our mutual interest.

Graeme Downie Portrait Graeme Downie (Dunfermline and Dollar) (Lab)
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T8. The previous Government left a mess of £22 billion for us to clean up following their short-term decisions and absolute lack of investment in services. This Government are taking a different approach, with long-term investment for our economic success. Will the Chancellor work with me to find the £3 million of long-term investment in the port of Rosyth that is required to bring back a ferry between Rosyth and Dunkirk? That would bring 51,000 passengers a year to Scotland and take 8.1 million km of freight traffic off the road, and it has the support of large local employers such as Mowi and Amazon.

Darren Jones Portrait Darren Jones
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The Government recognise that ports are an important route to growth, which is why the national wealth fund will deploy at least £5.8 billion into five priority manifesto sectors, including ports. I would be happy to meet my hon. Friend to discuss that specific constituency issue in due course.