The Growth Plan Debate

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Department: HM Treasury

The Growth Plan

Imran Hussain Excerpts
Friday 23rd September 2022

(2 years, 1 month ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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Corporation tax has not been changed; it is being kept at its current level. On defence spending, the hon. Gentleman will know that my right hon. Friend the Prime Minister has committed to a defence target of 3% of GDP by 2030, recognising the changing nature of the threats and the real importance of our armed forces.

Imran Hussain Portrait Imran Hussain (Bradford East) (Lab)
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This morning the Chancellor promised new laws to speed up the building of major infrastructure projects. May I take it that he is fully behind the Prime Minister’s promise to build the biggest infrastructure project, Northern Powerhouse Rail, in my constituency? Can I expect to meet him soon after the conference recess to discuss plans to build it in full, including the Bradford stop?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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I will be very happy to meet the hon. Gentleman at a convenient time to discuss infrastructure projects. We have published a list of things that we want to accelerate, and infrastructure projects are clearly critical to the growth plans.