Oral Answers to Questions

Harriett Baldwin Excerpts

Tuesday 21st January 2025 Commons Chamber

[Mr Speaker]

I call the Chair of the Treasury Committee.

[Dame Harriett Baldwin (West Worcestershire) (Con)]

Former Chair, Mr Speaker, but thank you very much for calling me.

It is clear that we all want to see economic growth in rural areas and across the UK, but I am concerned that some of the measures in the Chancellor’s Budget are having the opposite effect. Which statistic worries her most: the fact that we are at a 20-year high for business closures, or the 100% increase in millionaires leaving the UK?

[Rachel Reeves]

I have already outlined some of the positive numbers, including the upgrade in the IMF forecast, the PwC report and the fact that the economy had returned to growth in the most recent data and inflation is falling. Instead of talking our country down, I will be banging the drum to bring in investment and jobs to our country.