Oral Answers to Questions

John Glen Excerpts

Wednesday 23rd April 2025 Commons Chamber

[The Prime Minister]

I am deeply sorry to hear about Billy’s case; I am sure the whole House is. Our focus has to be on making sure that GPs spend more time caring for patients. That includes the investment of an additional £889 million in general practice in England, which has put over 1,500 GPs into surgeries since October. We did deliver a record settlement for Scotland’s public services to help fix our NHS and ensure that people like Billy get the care that they deserve.

[John Glen (Salisbury) (Con)]

Q13. Through the ages, an innovative and vibrant City of London has underpinned investment and growth in the wider economy, but the main challenge the City currently faces is how to get more capital into capital markets. Like many, I believe that London could gain new momentum if the Government took bold action to challenge and empower those who steward our pension assets to do things in new ways. Following the Chancellor’s decision to offer continuity of leadership at the Financial Conduct Authority, will the Prime Minister convene an urgent No. 10 summit with City leaders and the regulators to provide a reset and to maximise the chances that the City can lead economic growth and recovery in these times of grave uncertainty and turmoil?

[The Prime Minister]

The right hon. Gentleman is right that we need to go further and faster in kick-starting growth and attracting the investment we need to create jobs, and that our regulators must regulate for growth and not just for risk. We do want that continuity of leadership that he mentioned, and we are convening and getting people together to drive growth. We will take away the ideas that he put on the table.